Weekly review for 08.08 – 14.08.2016

Forex analytics: Last week the RBA and the Bank of England cut interest rates by 25 basis points to the levels of 1.5% and 0.25%, respectively. Both Central Banks showed inclination to more monetary policy easing. It is worth noting that interest rate in the UK was declined to the lowest level in more than 300 years. Last Friday, important US macro-economic data was released, which may affect the USD for the ...