The Australian Dollar weakened on Thursday in response to signs of a further contraction in the Chinese manufacturing sector during February, which has helped the Pound-to-Aussie rate to a fresh four-month high, due to fears that China's economic problems will also impact upon the domestic economy.
March 1,2019
The Australian Dollar slipped from recent highs Tuesday as risk-assets softened in the wake of a strong run at the beginning of the new week and as markets renew their focus on domestic drivers of the currency.
February 26,2019
Pound Sterling is poised for further gains against the Australian Dollar on a technical basis, but geopolitical risks could impact the Aussie while a set of key votes on Brexit could induce volatility in Sterling.
February 25,2019
The Australian Dollar collapsed Thursday after Reuters reported that customs officials managing some Chinese ports are no longer allowing Australian coal into the country and after a leading economist forecast the Reserve Bank of Australia (RBA) will cut its interest rate twice this year.
February 21,2019
The Australian Dollar collapsed during the overnight session into Thursday after a strong labour market report proved insuffficient in preventing leading economists from warning the Reserve Bank of Australia (RBA) will likely cut interest rates twice this year.
February 21,2019
The Australian Dollar slipped Wednesday after final quarter wage data failed to keep an earlier rally by the Antipodean unit alive, but President Donald Trump's reported push to prevent China devaluing its Renmimbi in the future has scope to be a significant positive for the curency.
February 20,2019
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