Tag - rba - reserve bank of australia

July 7: gold is moving up to $1 800
July 7: gold is moving up to $1 800

The market sentiment deteriorated amid increasing virus cases in the USA and Australia. Gold, USD and JPY are gaining, while stocks and riskier assets are loosening.

AUD: facing the recession
AUD: facing the recession

Reserve Bank of Australia is considering quantitative ease to restart the economy. How will the AUD respond?

Is there any hope for the aussie to recover?
Is there any hope for the aussie to recover?

Last week turned out to be disappointing for the AUD bulls, despite the gap up opening on Monday after the negotiations between the Chinese and US presidents.  What are the reasons behind this slide?

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