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Policy Daily Review August 8, 2018

Policy Daily Review for August 8, 2018

AUD/USD: Comatose after RBA Governor Lowe’s speech and China trade data release

AUD/USD has hardly moved post-China trade data release. At press time, the currency pair is trading at 0.7429. The descending 10-week MA, currently l


USD/JPY sees little action after BOJ Summary showed split over 10-year yield target

The USD/JPY pair is trading in a sideways manner around 113.37 in Asia, having defended a key rising trendline support for the eighth time in the last


Ohio special election, Kansas GOP primary for governor go down to the wire

On a day when five states held elections, the two most prominent races were too close to call late Tuesday. In a special election for a House seat in


Italy PM Conte: There is a single government plan on the budget

Continuing with its earlier comments at a news conference in Rome, Italian Prime Minister Giuseppe Conte was further noted saying that there is a sing


ECB Economic Bulletin: ECB sees scope for further consumption boom

In its monthly economic bulletin published on Wednesday, the European Central Bank (ECB) suggested that the Eurozone private sector consumption has fu


Iran’s Foreign Minister Zarif: US will not stop Iran oil exports – Reuters

Iranian Foreign Minister Mohammad Javad Zarif was cited by an Iranian newspaper, as saying that a US plan to stop Iranian oil exports will not succeed


Have a nice trading!

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