BOE’s Broadbent: MPC is prepared to do what's necessary

The Bank of England (BOE) Monetary Policy Committee (MPC) is prepared to do what's necessary, said policymaker Ben Broadbent on Tuesday.

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May 12, 2020

AUD/USD: Mild bearish reversal day posted – Credit Suisse

AUD/USD saw a rebound lower from just ahead of the April high at 0.6570 as expected, posting a mild bearish ‘reversal day’, per Credit Suisse. Key quo

AUD/USD climbs back closer to 0.6500 mark, lacks follow-through

The AUD/USD pair managed to recover over 60 pips from daily swing lows, albeit struggled to extend the momentum and remained below the key 0.6500 psyc