A low first quarter inflation rate has strengthened the case for Reserve Bank of Australia (RBA) to cut its interest rate, which will have the knock-on effect of weakening the Australian Dollar, says asset manager AMP Capital.

April 26,2019

The Australian Dollar was lifted overnight by official data that revealed a further improvement in Australia's terms of trade that has lifted the fundamental value of the Antipodean currency, which Societe Generale has said is a buy if it can close above the 0.70 level against the U.S. Dollar this week. 

April 26,2019

The Australian Dollar was hammered on Wednesday as traders dumped the Antipodean currency after official data revealed surprise falls in both key measures of inflation during the first-quarter, raising pressure on the Reserve Bank of Australia(RBA) to cut its interest rate. 

April 25,2019

Australian Dollar in the week ahead

The Pound is up against the Australian Dollar at the start of the week but we note the near-term outlook remains negative for this exchange rate and therefore look for further losses.

April 22,2019

The Australian Dollar was still fighting in the wake of a strong March jobs report Thursday, to overcome a technical level that is key to further gains for the currency, which means price action into the Easter holiday weekend could prove significant to the outlook for the Antipodean unit. 

April 18,2019

The Australian Dollar advanced across the board Wednesday after a series of Chinese economic numbers surprised on the upside, further suggesting that "green shoots of recovery" are sprouting up in the world economy, which helped push the Antipodean unit over a key Rubicon-like milestone in the overnight session. 

April 17,2019

The Australian Dollar softened Tuesday after the minutes from the latest Reserve Bank of Australia (RBA) meeting showed rate setters contemplating the kind of economic conditions that would compel them to cut interest rates. 

April 16,2019

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