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Risk aversion as oil prices fall

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Risk aversion as oil prices fall By Brenda Kelly As expected the RBA stood pat on its overnight cash rate keeping it at 2% but leaving the door open for additional policy easing on foot of weak inflation levels. The Bank of Japan governor Kuroda stressed his readiness to expand monetary policy even further. Market moves would be key, he said, in determining the next bout of stimulus. He maintained optimism that the economy was recovering – this in spite of last week’s Tankan survey which

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