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The Australian Dollar slumped into the new week Monday after official data revealed a surprise and steep fall in the value of Chinese goods imports took place last month, stoking fears for the health of the world's second largest economy and putting the Aussie under pressure again.
June 10,2019
The Pound is looking broadly negatively aligned against the Australian Dollar, but there appears to be the prospect for sideways movement in GBP/AUD over the coming week.
June 9,2019
The Australian Dollar will probably continue to defy gravity and bounce in the short-term, but eventually, the currency will recapitulate and continue its longer-term downtrend to new lows, says asset manager AMP Capital.
June 7,2019
The Australian Dollar is on shaky ground, according to analysts at Westpac, who say it's vulnerable to fresh declines even as the Antipodean currency continues its attempt at breaking above a key resistance level currently held by its U.S. countrerpart.
June 7,2019
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
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