The Australian Dollar rose Thursday after the Federal Reserve admitted it might cut interest rates before the year is out and amid mounting hopes the U.S.-China trade war will be deescalated before the month is out, but analysts at Westpac and UBS are saying the Aussie rally is unsustainable.

June 20,2019

Australian Dollar

The New Zealand and Australian Dollars are outperforming on global markets amidst fresh hopes for a breakthrough in the U.S.-China trade war.

June 19,2019

The Australian Dollar was on its back foot Tuesday after minutes from the latest meeting at the Reserve Bank of Australia (RBA) suggested clearly that further interest rate cuts are on the way before the year is out and amid fresh concerns about the housing market, although some analysts see light at the end of the tunnel for the currency. 

June 18,2019

Australian Dollar

The Pound looks vulnerable to further losses agains the Australian Dollar suggest our recent technical studies of the GBP/AUD pair.

June 17,2019

Australian Dollar

The Pound has recovered ground against the Australian Dollar over the duration of June, but there are growing concerns the recovery is starting to fade.

June 14,2019

The Australian Dollar was under pressure again Thursday after official data showed the unemployment rate remaining at an elevated level in May when financial markets had looked for it to pare back an earlier increase, which has encouraged speculation of further interest rate cuts to come. 

June 13,2019

The Aussie currency has recently failed to overcome a key technical barrier to further gains and is now likely to beat a retreat from six-week highs struck at the beginning of June according to analysts at Commerzbank, which could help support the Pound-to-Australian-Dollar rate.

June 12,2019

Page 168 of 284

Theme: GKNEWS