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Australian Dollar Surges as RBA's Stevens Talks Up Economy, Hints at Rate Hikes

Reserve Bank of Australia Governor Glenn Stevens ... Governor Glenn Stevens struck a decidedly hawkish tone at a speech in Sydney, driving home the point that going forward the central bank is now actively trying to time a return to higher interest rates. Stevens ...

14/08/2010 - 17:37 - comment 0

Australian Dollar Up as RBA Stevens Says Interest Rate Have 'Probably' Bottomed

of the majors as Reserve Bank of Australia Governor Glenn Stevens issued hawkish comments. The Australian dollar was the second strongest of the majors as Reserve Bank of Australia Governor Glenn Stevens issued hawkish comments. Stevens said that Australian interest rates had probably bottomed ...

14/08/2010 - 17:37 - comment 0

RBA's Stevens Invokes Hawkish Language, May Lift 'Emergency' Rate

Reserve Bank of Australia Governor Glenn Stevens said that the bank will raise it's "emergency" level overnight cash rate as the economy recovers from... Reserve Bank of Australia Governor Glenn Stevens said that the bank ...

14/08/2010 - 17:33 - comment 0

RBA Keeps Rates Unchanged at 3%, Says Deflation May Prompt Future Cuts

unchanged at 3.00%, as expected. RBA Governor Glenn Stevens sounded cautiously optimistic, saying ... kept interest rates unchanged at 3.00%, as expected. RBA Governor Glenn Stevens sounded cautiously ... committed to aggressive stimulus measures. Stevens suggested that signs of recovery were clearest in China ...

14/08/2010 - 17:49 - comment 0

RBA Holds at 7.25%, Signals Rate Cuts Next

Glenn Stevens again highlighted “opposin The Reserve Bank of Australia ... unchanged as Governor Glenn Stevens again highlighted “opposing forces”: tight credit, higher living costs ... pulls growth higher. Still, Stevens remained adamant that inflation would moderate to below 3% in 2010 ...

14/08/2010 - 18:43 - comment 0

Reserve Bank of Australia Surprises, Leaves Rates Unchanged at 3.25%

had called for a 25 basis point cut to bring rates to 3.00%. RBA Governor Glenn Stevens said ... conditions are “clearly weak”. Stevens continued saying that although poor economic performance is likely ... decided to opt for a neutral position this time around. Importantly, Stevens made sure to dispel any ...

14/08/2010 - 18:28 - comment 0

How Will AUD/USD Respond to the RBA's Rate Decision?

slight improvements and RBA Governor Glenn Stevens issued hawkish comments last week, saying ... after the central bank’s last meeting RBA Governor Glenn Stevens said that "the outlook ... to see if this line is repeated in tonight's policy statement. Indeed, if Stevens does not say ...

14/08/2010 - 17:36 - comment 0

RBA Governor Links Commodity-Linked Countries in Speech

Glenn Stevens in a speech given in Sydney. In hi Australia and Canada have ... of Australia Governor Glenn Stevens in a speech given in Sydney. In his speech titled "Australia and Canada - Comparing Notes on Recent Experiences," Stevens said that each country will "come ...

14/08/2010 - 17:53 - comment 0

RBA Holds at 7.25%, Signals Rate Cuts Next

of the accompanying statement remained unchanged as Governor Glenn Stevens again highlighted “opposing forces”: tight ... the China-driven mining boom pulls growth higher. Still, Stevens remained adamant that inflation would moderate to below 3% in 2010 as previously forecast. The real message was saved for the very last: Stevens ...

14/08/2010 - 18:43 - comment 0

Australian Dollar Could Rally for Test of 0.85 If RBA Leaves Rates at 3.00%, Signals Hawkish Bias

Governor Glenn Stevens said that "the outlook for inflation allows some scope for further easing ... by the RBA over the next 12 months as economic data has shown slight improvements and RBA Governor Glenn Stevens issued somewhat hawkish comments, saying that they don't have to "wait until ...

14/08/2010 - 17:36 - comment 0