Tag: interest rates

Australia (AUD) Current rate 0.25%Previous rate 0.25%Lowest rate 0.25% The Reserve Bank of Australia (RBA) have kept rates at 0.25% (a record low). Policymakers are now focused on economic recovery created by the COVID-19 crisis. The board believe they recovery will be both uneven and bumpy. Low rates and economic stimulus …

The news and Foreign Exchange trading  News drives financial markets – news can be the sole reason why traders and investors choose to buy or sell financial assets! In stock trading, market moving news is often company earnings reports, release of financial accounts, profit warnings and economic outlooks. In commodity …

  What are interest rates? To understand the basics of interest rates, we need to understand the role and purpose of central banks. Central banks are primarily responsible for: Ensuring the stability of a countries currency Providing emergency cash to commercial banks i.e preventing the banking system from failing Regulating …