The Australian Dollar tanked Thursday and is tipped for more losses ahead after the October jobs report revealed a surprise increase in the jobless rate that has incited fresh bets the Reserve Bank of Australia (RBA) will cut its cash rate again before long, and brought 'quantitative easing' a step closer. 

November 14,2019

The Australian Dollar followed its Kiwi counterpart higher on Wednesday after the Reserve Bank of New Zealand (RBNZ) surprised the market by leaving its interest rate unchanged for November but domestic as well as international factors could easily become a burden for the Aussie in the days ahead. 

November 13,2019

Aussie Dollar week ahead forecast

The GBP/AUD exchange rate is steadily correcting the prior rally, but the overall ‘look and feel’ of the charts suggests a bias towards an eventual bullish continuation once the correction ends.

November 10,2019

 

The Australian Dollar ceded ground to all its major rivals in the final session of the week after the Reserve Bank of Australia (RBA) gatecrashed celebrations of the improved prospects for a U.S.-China trade deal, reminding markets of the antipodean currency's debilitating vulnerability.

November 8,2019

Trade progress aids AUD higher

Headlines detailing fresh progress in ongoing U.S.-China trade talks have bolstered the Australian Dollar, which is one of the better performing major currencies at the time of writing on Thursday, November 07.

November 7,2019

Lowe RBA

The decision to keep rates unchanged put a bid under the Aussie Dollar, and follows interest rate cuts of 25 basis points each at the June, July and October meeting.

November 5,2019

The Australian Dollar clung to recent gains in the first session of the new week and could extend its earlier rally over the coming days if the Reserve Bank of Australia (RBA) signals a pause in its rate cutting cycle on Tuesday, according to strategists at ING Group, although upside is said to be limited by technical factors on the charts.

November 4,2019

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