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The Australian Dollar continued to burn its doubters on Monday when it advanced against a majority of its major rivals as investors celebrated another perceived detente in the trade war between the U.S. and China, which say can go on supporting the Aussie for a while yet.
September 9,2019
The GBP/AUD exchange rate is trading at around 1.7934 at the start of the new week after falling -0.65% during the week before, but the pair is still seen to be trading within a rising channel, which is likely to extend.
September 8,2019
It's all about trade for the Australian Dollar today, with news of a thawing in the U.S.-China trade war and strong trade surplus numbers out of Austrlaia proving supportive.
September 5,2019
The Australian Dollar was riding high against most of its G10 counterparts during the morning session Wednesday after official data appeared to show the economy recovering its poise in the second quarter, although some analysts say there is trouble ahead and that nascent gains won't last long for the Aussie.
September 4,2019
The Australian Dollar rose close to the top of the G10 league table Tuesday after the Reserve Bank of Australia (RBA) neglected to provide investors fresh impetus for selling the currency, which is tipped to avoid further steep losses by analysts at Westpac.
September 3,2019
The Australian Dollar limped into the new week on its back foot Monday after President Donald Trump imposed more tariffs on U.S. imports of goods from China, prompting local analysts to warn of further losses in the days ahead and Nordea Markets to tip the Antipodean unit as a sell.
September 2,2019
The GBP/AUD exchange rate is trading at around 1.8052 at the start of the new week after falling -0.75% in the week before. UK politics and the U.S.-China trade war will determine short-term moves.
September 2,2019
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