Analyst opinion by Maria Gregoriou to 6 August 2019

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By author

06.08.2019

In a meeting today, the Reserve Bank of Australia (RBA) Board decided to leave the cash rate stable at 1.00 percent. In a statement announcing the fact, Philip Lowe, the Governor of RBA stated that “the increased uncertainty generated by the trade and technology disputes is affecting investment and means that the risks to the global economy remain tilted to the downside.” Referring more specifically to Australia, the Governor said that growth has been lower than expected in the first half of the year, but it is expected to pick-up in the second half.

Maria Gregoriou

Quotes

	Symbol	Bid	Ask	Time
	AUDUSD
	EURUSD
	GBPUSD
	NZDUSD
	USDCAD
	USDCHF
	USDJPY
	XAGEUR
	XAGUSD
	XAUUSD

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