Currency Analysis Report 5-22-19…How Much More Downside Left On The Aussie Dollar???

The Reserve Bank of Australia appears poised to slice official interest rates, with governor Philip Lowe on Tuesday saying it would be on the bank’s agenda next month.In a speech to the Queensland branch of the Economic Society of Australia in Brisbane, Dr Lowe said without a cut in interest rates it was unlikely the bank’s forecasts for lower unemployment and a lift in inflation would be met.Reserve Bank governor Philip Lowe, in a speech in Brisbane, says the RBA will “consider the case for lower interest rates” when it meets in June.Declaring that Australia could “do better” than have

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