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RBA’s Lowe: Don’t think any rating downgrade impact would be overly material

Appearing before parliament's House of Representatives' Standing Committee on Economics, New RBA governor Philip Lowe further noted that he doesn’t think that any rating downgrade would have major impact on the economic outlook, MNI reports.

EUR/USD reverses back below 1.1200 amid light trading

With the Asian traders away on a National holiday, the EUR/USD pair traded largely subdued amid low volumes and limited volatility, having failed to h
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Treasury yield curve flattens, 2-yr relatively resilient

Steepening of the yield curve following the Bank of Japan rate decision has been undone following the FOMC rate decision. The yield curve appears to
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