The Australian Dollar eased lower Friday as 'risk assets' fell from favour with investors ahead of a weekend that is expected to yield a further escalation of the U.S.-China trade war although the Antipodean unit is tipped by multiple analysts to remain under pressure for a while to come.
August 30,2019
The Australian Dollar was on the defensive Wednesday after official data revealed a larger-than-expected fall in construction sector output for the second quarter, which has put forecasts for economic growth at risk of downgrades in the weeks ahead. although much about the currency's future trajectory will be determined by global factors.
August 28,2019
The Australian Dollar was on the back foot at the beginning of a holiday-shortened week Tuesday and both the charts as well as an influential Reserve Bank of Australia (RBA) policymaker were arguing for more weakness in Antipodean exchange rates up ahead.
August 27,2019
Overnight moves lower in the Aussie Dollar follow comments from Reserve Bank of Australia Deputy Governor Guy Debelle who said further AUD depreciation "would be helpful".
August 27,2019
The Australian Dollar recovery tipped by Commonwealth Bank of Australia (CBA) to begin in the final quarter is now unlikely to happen before the second half of next year, new forecasts suggested Wednesday, with the Antipodean currency now projected to weaken into year-end.
August 22,2019
The Australian Dollar topped the G10 league table Tuesday after the Reserve Bank of Australia (RBA) signalled that it'll wait for a while before making any potential decision to reduce its interest rate further from current levels, although multiple analysts have said the bank willl have to cut again before long.
August 20,2019
The Australian Dollar softened at the beginning of the new week even in spite of a broad rally in so-called risk assets during the morning session on Monday, while some analysts say upside will be limited in the days ahead and others are cutting their forecasts for the Antipodean currency through the end of next year.
August 19,2019
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