Depreciation

G’day, forex mates! The Aussie might be the star of the show in the first half of the week with the RBA statement lined up, so make sure you check out this trading guide if you wanna trade the event.

The Greenback was all over the place in the latest New York session as the currency simply reacted to country-specific data and headlines while European currencies and comdolls turned lower.

The RBNZ announced that it was maintaining the OCR at 2.25%, sending the Kiwi higher across the board. What’s up with that and where will the Kiwi go from here? Does the RBNZ’s most recent statement and presser offer any clues? Read up and find out!

The British High Court wasn’t the only mover for the pound yesterday! Here are takeaways from the BOE’s latest policy statement and inflation report that might make you re-examine your trading biases.