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Policy Daily Review August 10, 2018

Policy Daily Review for August 10, 2018

AUD/JPY unmoved just above 81.50 following bland RBA Policy Statement

The AUD/JPY is trading into 81.70 following the Reserve Bank of Australia’s (RBA) Statement of Monetary Policy, which saw little new information for t

 

Euro’s declines continue on ECB comments and ITaly

The euro is in decline following ECB comments that US tariffs and increased risk of further protectionism is likely to leave its mark on global growth. In its economic bulletin the ECB also added that despite the rising risks globally, domestic growth still looks solid and on track.

 

ECB worries that some European banks may be too exposed to Turkey: FT

The European Central Bank is getting increasingly concerned about the exposure of exposure of some banks in the region — specifically from Spain, Ita

 

UK Finance Minister Hammond: We want economic growth to be higher than latest GDP figures

The UK Finance Minister Philip Hammond was out on the wires, with some comments on today’s UK GDP release, saying that we want economic growth to be h

 

Lira plunges vs. dollar as ECB worries about banks exposure to Turkey: report

The Turkish lira plunged to a fresh record low against the U.S. dollar Friday, following a report the European Central Bank is growing more concerned

 

Have a nice trading!




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