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AUD/USD Declines to 0.9280 Post RBA Stevens Comments

Posted by Chris Advincula on Aug 20, 2014 7:02:00 AM

AUD.8.20 resized 600Chart: WorldWideMarkets Alpha Trader

 

11:30pm GMT Reserve Bank of Australia Governor Stevens said he would consider lower rates but does not think it would be helpful.

Intevervention part of his tool kit but does not consider it to be useful.

Recent Unemployment data is weak and difficult to interpret.

Topics: AUDUSD, forex trading, European Session, Fundamental Analysis, aussie

 

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