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RBA’s Lowe: Cutting rates not as stimulatory as in the past

The Reserve Bank of Australia (RBA) Governor Phillip Lowe is back on the wires now, via Reuters, responding to the Q&A session following his speech.

Key Responses:

Cutting rates not as stimulatory as in the past.

No country has become wealthy from trade barriers.

EUR/USD creeps higher to 1.2370 ahead of Draghi, US CPI

The demand for the single currency remains solid so far this week and is now pushing EUR/USD to the area of fresh 2-week lows in the 1.2370 region. E
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IEA’s Birol: Oil demand will remain solid in years to come

The International Energy Agency's (IEA) Executive Director, Dr. Fatih Birol, is reported by Reuters, as saying that he remains optimistic about the gl
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