March 2019

The Australian Dollar struck a 2-month trough against its US counterpart during London trade on Wednesday as indications of a slowdown in the Australian economy are supporting analysts’ expectations that the Reserve Bank of Australia will likely lower interest rates.

Like most things in the world that involve money, there is a lot of deception in the Forex world. Some of it malicious, and some of it benign.

The European Union may not be far from a recession if the main threats that it’s facing, like a no-deal Brexit or the trade tensions with the United States, become a reality, said the European Commissioner for Budget and Human Resources Günther Oettinger.