NAB now sees AUDUSD Dropping to $0.65 By Dec 2019 • RBA Lowe Warns: “if other global central banks go to zero we’ll have to consider that as well” • “another scenario for zero rates is if the Australian economy weakens well below expectations” • “Board prepared to ease policy if needed, watching labour market closely” • reasonable to expect extended period of low interest rates • near-term risks to economic growth are more to the downside • economic forecasts include technical assumption rates will move in line with market pricing • market pricing a cut to 0.75% by year-end, further cut to 0.5% in h1 2020 • Blue Phoenix Financials: We are able to sell AUDUSD 10% above market – PM Us Now For Details • Email Now To Access Our Next AUDUSD Algo Trade Alert: inquiries@ppchk.net
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