The Australian Dollar continued to march onward and upward Tuesday even after first-quarter GDP data underwhelmed the market, as investors continue to take advantage of the fact that the Aussie has already suffered enough in recent months for its shortcomings.
June 5,2019
The Australian Dollar was on the offensive Tuesday after the Reserve Bank of Australia (RBA) cut its interest rate for the first time in two years but neglected to validate market bets that it will slash borrowing costs again before the year is out.
June 4,2019
The Australian Dollar was on the offensive Monday and analysts are looking for it to make further gains in the days ahead even in the face of a likely Reserve Bank of Australia (RBA) interest rate cut, which is expected overnight.
June 3,2019
The Pound has been under pressure against the Australian Dollar of late but the GBP/AUD exchange rate is now approaching solid areas of support while much of the price action this week will depend on the RBA interest rate decision.
June 3,2019
The Australian Dollar is now facing further losses before the year is out, according to analysts at Australia & New Zealand Banking Group (ANZ), who've cut their forecasts for the Antipodean unit due to the anticipated effect of an escalation in the trade conflict between the U.S. and China.
May 31,2019
The Pound has suffered punishing losses against all its major rivals in recent weeks but it's still up almost one percent against the Aussie for 2019 and will rise a further five percent before the year is out, according to the latest forecasts from Westpac.
May 30,2019
The Australian Dollar was buoyant Tuesday after falling stockpiles at Chinese ports drove iron ore prices up by almost five percent, ahead of the latest batch of housing market data, but analysts at Westpac have cut their forecasts for the Antipodean currency and now project further losses before the year is out.
May 29,2019
Page 166 of 280