The Australian Dollar is a buy, according to analysts at Nordea Markets, who say the Antipodean currency is line to benefit from an ongoing economic recover in China that should provide suppor…
Read more … →The Pound's fortunes against the Australian Dollar have flipped into positive, but we will be watching Chinese manufacturing numbers to provide further direction this week.
Read more … →A low first quarter inflation rate has strengthened the case for Reserve Bank of Australia (RBA) to cut its interest rate, which will have the knock-on effect of weakening the Australian Dollar, says…
Read more … →The Australian Dollar was lifted overnight by official data that revealed a further improvement in Australia's terms of trade that has lifted the fundamental value of the Antipodean currency, which…
Read more … →The Australian Dollar was hammered on Wednesday as traders dumped the Antipodean currency after official data revealed surprise falls in both key measures of inflation during the first-quarter, rai…
Read more … →The Pound is up against the Australian Dollar at the start of the week but we note the near-term outlook remains negative for this exchange rate and therefore look for further losses.
Read more … →The Australian Dollar was still fighting in the wake of a strong March jobs report Thursday, to overcome a technical level that is key to further gains for the currency, which means price action in…
Read more … →