{"id":29389,"date":"2012-05-01T03:51:23","date_gmt":"2012-05-01T07:51:23","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/05\/rba-interest-rate-cut-leads-to-aussie-losses\/"},"modified":"2012-05-01T03:51:23","modified_gmt":"2012-05-01T07:51:23","slug":"rba-interest-rate-cut-leads-to-aussie-losses","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/05\/01\/rba-interest-rate-cut-leads-to-aussie-losses\/","title":{"rendered":"RBA Interest Rate Cut Leads to Aussie Losses"},"content":{"rendered":"<p><strong>Source: <a href=\"http:\/\/www.forexyard.com\/landsys\/general_static\/en\/?pid=545&#038;mid=888&#038;cid=15844&#038;zid=15873\" target=\"_blank\">ForexYard<\/a><\/strong><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/profile-pics\/16.jpg\" width=\"120\" alt=\"printprofile\" \/><\/p>\n<p>A bigger than expected cut in Australian interest rates last night turned AUD bearish against euro, USD and JPY in overnight trading.  Additionally, poor US fundamentals brought USD\/JPY to a fresh two-month low.<\/p>\n<p><span><\/span><strong>Main News for Today<\/strong><\/p>\n<p>UK Manufacturing PMI-08:30 GMT<br \/>\no\tExpected to show growth in the UK manufacturing sector<br \/>\no\tGBP turned bearish against USD and EUR yesterday<br \/>\no\tShould today\u2019s news come in above expectations, the pound could stage a reversal during the mid-day   session<\/p>\n<p>US ISM Manufacturing PMI-14:00 GMT<br \/>\no\tExpected to show growth in the American manufacturing sector<br \/>\no\tUSD spent most of the overnight session range trading against EUR, CHF, GBP and extended bearish run against JPY<br \/>\no\tToday\u2019s news could help USD recover some of its recent losses if it comes in above expectations<\/p>\n<p><strong><a href=\"http:\/\/www.forexyard.com\/landsys\/general_static\/en\/?pid=545&#038;mid=888&#038;cid=15844&#038;zid=15873\" target=\"_blank\">Forex Market Analysis provided by ForexYard. <\/a><\/strong><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: ForexYard A bigger than expected cut in Australian interest rates last night turned AUD bearish against euro, USD and JPY in overnight trading. Additionally, poor US fundamentals brought USD\/JPY to a fresh two-month low. Main News for Today UK Manufacturing PMI-08:30 GMT o Expected to show growth in the UK manufacturing sector o GBP &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/05\/01\/rba-interest-rate-cut-leads-to-aussie-losses\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;RBA Interest Rate Cut Leads to Aussie Losses&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-29389","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/29389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=29389"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/29389\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=29389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=29389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=29389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}