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
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
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