Reuters is out with the latest headlines, citing that Australia’s 3-year government bond yield dropped below the Reserve Bank of Australia’s (RBA) official cash rate (1.50%) for the first time since 2016. The cash rate at the start of 2016 was 2%, was slashed by 25bps in May and August of that year. Since then the RBA has stayed pat on its cash rate at a record low, with markets now pricing in a rate cut in the coming months amid weakening fundamentals and trade uncertainty. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CNH Technical Analysis: 6.74 is the level to beat for the bulls FX Street 4 years Reuters is out with the latest headlines, citing that Australia's 3-year government bond yield dropped below the Reserve Bank of Australia's (RBA) official cash rate (1.50%) for the first time since 2016. The cash rate at the start of 2016 was 2%, was slashed by 25bps in May and August of that year. Since then the RBA has stayed pat on its cash rate at a record low, with markets now pricing in a rate cut in the coming months amid weakening fundamentals and trade uncertainty. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
