6th August 2013
AUSSIELYTICS
The Reserve Bank of Australia cut its headline interest rate to an all time low of 2.5% last night due to increasing threats to the economy. The Australian economy is hugely influenced by the mining industry and a slowdown in China has caused a break in the demand cycle.
When you get an interest rate cut this usually depreciates the value of the currency however in this case we actually saw a rally. The 0.25% cut was priced in to the market and this is indicated by the 3 black crow pattern highlighted in blue on the chart. The number yesterday was a foregone conclusion and helped by a healthy house price index investors saw it as a good opportunity to book some decent profits so we saw the Aussie rally.
出去对经济的担忧,澳大利亚央行昨晚调低利率至2.5%。澳洲经济受矿业和中国经济下行影响较大,已经打破了需求周期。
当利率下调时,通常本币贬值,然而这次澳元却略有回升。此前利率下调的影响已经在市场中有所反应,即图表中高亮显示的三只乌鸦形态。昨晚公布的数据在意料之中,并且良好的房价指数也使投资者看到了机会,他们希望短期获利,所以看到澳元回升。