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21 Apr 2015

RBA in a protracted easing cycle - PIMCO

FXStreet (Bali) - PIMCO is being quoted by Bloomberg, noting that the RBA is in 'temporary pause in a protracted easing cycle', adding that they still favor short positions on the Aussie.
Apr 21, 2015

AUD/USD under pressure ahead of RBA minutes

AUD/USD has come under renewed selling pressure in the Tokyo open, breaking into fresh weekly lows below the 0.77 area ahead of the RBA minutes at 1.30 GMT, with RBA Governor Stevens' comments on Monday still weighing on the AUD, who indicated that more rate cuts are a possibility going forward.
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