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The Australian Dollar declined in a buoyant market for risk assets Wednesday after official data showed construction sector output falling sharply in the final quarter of 2108, leading to heightened unease among analysts about the likely pace of economic growth into year-end.
February 27,2019
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
The Pound-to-Australian Dollar rate is trading at 1.8130 early on Tuesday of the new week after losing -1.10% last week, but is poised to edge higher over the coming days.
February 19,2019
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