Strong UK Retail Sales Data Fails to Prevent AUD GBP Uptrend
Overnight the Australian Dollar Pound exchange rate was able to regain some of its lost ground as Brexit-based worries intensified once again. Although the CBI retail sales index showed a sharp rebound...
View ArticleUnderwhelming AU Inflation Sees Sharp Australian Dollar US Dollar Exchange...
Demand for the Australian Dollar slumped sharply in the wake of the third quarter consumer price index data, which fell short of forecast. Investors had hoped to see a fresh uptick in inflationary...
View ArticleDowngraded RBA Forecasts Weigh on Australian Dollar US Dollar Exchange Rate
In the wake of the Reserve Bank of Australia’s (RBA) decision to downgrade its economic forecasts the Australian Dollar has struggled to find particular support. As September’s credit card purchases...
View ArticleAustralian Dollar Euro Exchange Rate Trends Lower as Eurozone Economy...
While market risk appetite remained heightened thanks to a weaker US Dollar this was not enough to keep the Australian Dollar on a stronger footing across the board. In the absence of supportive...
View ArticleAUD USD Exchange Rates Strengthens as RBA Strikes More Confident Tone on...
Reaction to the Reserve Bank of Australia’s (RBA) December meeting minutes proved largely positive, keeping the Australian Dollar on a stronger footing against its rivals. The RBA’s increasingly...
View ArticleSurprise Trade Deficit News Dents Australian Dollar New Zealand Dollar...
Australian Dollar New Zealand Dollar (AUD/NZD) Exchange Rate Slips After Trade Deficit Surprise November’s Australian trade balance fell far short of forecast to return to a state of deficit, leaving...
View ArticleAustralian Dollar US Dollar (AUD/USD) Exchange Rate Slumps Ahead of Fed...
Rising Business Confidence Fails to Boost Australian Dollar US Dollar (AUD/USD) Exchange Rate While the NAB business confidence index strengthened markedly on the month this was not enough to prevent...
View ArticleStronger Australian Services PMI Boosts Australian Dollar Pound (AUD/GBP)...
Australian Dollar Pound (AUD/GBP) Exchange Rate Benefits from Positive Services PMI Despite the rising odds of imminent Federal Reserve policy action the Australian Dollar to Pound (AUD/GBP) exchange...
View ArticleAustralian Dollar New Zealand Dollar (AUD/NZD) Exchange Rate Retreats as RBA...
Less Upbeat RBA Meeting Weighs on Australian Dollar New Zealand Dollar Exchange Rate Although fears of a global trade war picked up in the wake of China’s announced tariffs on a number of US products...
View ArticleAustralian Dollar US Dollar (AUD/USD) Gains Ground on Less Hawkish Fed Comments
Australian Dollar US Dollar (AUD/USD) Exchange Rate Benefits From Easing USD Bullishness Commentary from Federal Reserve policymakers helped to shore up the Australian Dollar to US Dollar (AUD/USD)...
View Article
