Exchange Rate Risk

G’day, forex mates! We’ve got another RBA statement coming our way this Tuesday, so I thought that now would be a good time to give y’all a roundup of Australia’s major economic reports.

Having an off day doesn’t necessarily mean that you’re a bad trader or that your system sucks. Here’s why you should take a break when you’ve hit your max trading loss.

Let’s step back from all this Brexit hubbub, shall we? Having said that, the RBNZ released its annual Statement of Intent detailing its objectives and what its focusing on earlier. What did it say? Will there be more rate cuts? Read on and find out!

You probably already know that the euro performed very well this week, but did you also know that the pound did well and that the Kiwi and yen got crushed? Whoa! Four currencies were in play this week? Anyhow, what drove price action on these currencies? And how did the other currencies fare this week?