Australian Dollar outlook for the coming week

From a technical perspective, the immediate outlook for GBP/AUD is probably marginally bearish after the big sell-off last week. However, in the medium-term we are bullish.

February 3,2019

The Australian Dollar capitulated at a 2019 high during the overnight session Friday after IHS Markit figures showed China's manufacturing sector sliding deeper into recession this month and other data revealed a continued fall in Aussie house prices at the start of the New Year.

February 4,2019

The Australian Dollar rose to become the second best performing G10 currency of 2019 on Thursday as its economic and financial stars continued conspiring to engineer a more protracted recovery for the Antipodean unit. 

February 1,2019

Exchange rates

The Australian Dollar is in the process of reversing a long-term downtrend against the U.S. Dollar with the AUD/USD pair in the process of piercing through a major trendline.

January 31,2019

The Australian Dollar rose broadly Wednesday after inflation surprising on the upside for the final quarter, although gains could prove short-lived because the jury is still out on whether an Reserve Bank of Australia (RBA) interest rate cut is in the cards for the months ahead.

January 30,2019

The Australian Dollar could be on course for fresh losses over the coming weeks as markets are forced to take stock of what is an increasingly negative outlook for domestc interest rates, according to analysts at HSBC, who say clients of the bank should sell the Antipodean unit around current market levels.

January 28,2019

Australian Dollar outlook for the coming week

The Pound is positioned for further gains against the Australian Dollar from a technical perspective, however the outlook for the GBP/AUD exchange rate will rest with a series of Brexit votes in the British parliament on Tuesday and the performance of Chinese stock markets.

January 27,2019

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