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The Australian Dollar rallied in the aftermath of the RBA meeting today at which interest rates were left unchanged at 1.50% for the 33rd meeting in a row. However, the relief rally has its limits as the prospect of an interest rate cut in 2019 remains elevated.
May 7,2019
The forecast for the Pound vs. Australian Dollar exchange rate in the week commencing May 06.
May 6,2019
The Australian Dollar was lower in the Thursday session as the U.S. Dollar firmed and ahead of building approvals data due out early on Friday, which should provide an update on the tempo of the Aussie real estate downturn, although are increasingly turning their attention toward next week's central bank meetings.
May 2,2019
The Australian Dollar / U.S. Dollar exchange rate is technically poised to reverse trend and start climbing, according to strategists at Asia-Pacific lender Maybank, who say the pair has formed a ‘triple bottom’ basing pattern and is a ‘buy on dips’ candidate.
May 1,2019
The Pound advanced on the Aussie Tuesday after surveys showed the Chinese manufacturing sector cooling in April, after recovering from recessionary levels in March, challenging analyst claims the global economy is healing after being damaged by President Donald Trump's trade war last year.
April 30,2019
The Australian Dollar is a buy, according to analysts at Nordea Markets, who say the Antipodean currency is line to benefit from an ongoing economic recover in China that should provide support to the Aussie in spite of weighty bets by the market suggesting the Reserve Bank of Australia (RBA) will soon cut interest rates.
April 29,2019
The Pound's fortunes against the Australian Dollar have flipped into positive, but we will be watching Chinese manufacturing numbers to provide further direction this week.
April 28,2019
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