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Forex Flash: No RBA cut today, but likely in the coming months - NAB

With RBA meeting today at 03:30 GMT and AUD/USD last at 1.0439, the NAB believes “it’s less likely the RBA will ease today,” though they also believe “the view the economy will underperform this year with the RBA needing to ease further in coming months,” the analysts conclude.

Forex: EUR/USD capped by political smoke; EUR/USD down to 1.3500

The EUR/USD has lost 200 pips since Friday's 1.3710 high to break down the 1.3590 area and test the 1.3500 support. It seems the 1.3700 is more than a frontier, but has the Euro lost shine or is it merely corrective?
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