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Sep 18, 2013
Flash: RBA Assist Gov Edey speech eyed - NAB
RBA Assist Gov Edey is in panel discussions at the FINSIA conference today, and as NAB Economists note, the Australian Centra Banks expects a lower AUD/USD exchange rate this time tomorrow, thus "if Edey does happen to say anything today it will be to reiterate the concerns around the level of the AUD" NAB Economists note.
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Sep 18, 2013
EUR/USD hits 1.3347 session lows hindered by bearish pressure
EUR/USD cracked down below the EMA20 to hit 1.3347 bottoms shortly after the release of AUD data amid speculations of a $10B bond-buying program tapering from the Fed. Giving in small pips amounts, the pair extends losses and retreats from the previous session and stalls.
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