Founder and CEO, Europacifica Consulting

Naomi Fink

Founder and CEO

Europacifica Consulting

FX & Rates

<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/011/099/original/AUDGBP-Lhs-AUDGBP-Jan-2015-100_chartbuilder.png?1470063993" class="editor-image img-responsive" data-smartkarma-image-id="11099"><figcaption class="figcaption">Source:RBA</figcaption></figure> Although it is widely expected that the Bank of England will cut rates by 25bps on Thursday for the first time in seven years (and possibly restart quantitative easing), there is greater uncertainty about whether the Reserve Bank of Australia will lower rates on Tuesday (2 August) from 1.75% to another record low of 1.5%.<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/011/108/original/RBA-cash-rate-targetPer-cent-RBA-cash-rate-targetPer-cent_chartbuilder%20%281%29.png?1470065046" class="editor-image img-responsive" data-smartkarma-image-id="11108"></figure> The ASX’s RBA rate indicator shows a 68% chance of a rate cut versus 32% probability of no change; the indicator rebounded following the release of…

Source:RBA Although it is widely expected that the Bank of England will cut rates by 25bps on Thursday for the first time in seven years (and possibly restart quantitative easing), there is greater uncertainty about whether the Reserve Bank of Australia will lower rates on Tuesday (2 August) from 1.75% to another record low of 1.5%. The ASX’s RBA rate indicator shows a 68% chance of a rate cut versus 32% probability of no change; the indicator rebounded following the release of…

Forex Focus: AUDGBP – Potential for Downard Reversal