The Australian Dollar weakened Tuesday after an escalating international dispute over the detention of Huawei's finance director in Canada was seen threatening an eagerly anticipated deal to end the so-called trade war between the U.S. and China.
January 22,2019
The Australian Dollar softened Monday as concerns about the domestic and Chinese economies resurfaced again, drawing attention away from recent progress in trade talks and threatening to scupper the Antipodean unit's nascent recovery.
January 21,2019
The Pound-Australian Dollar exchange rate retains a mild bullish bias in the short-term and in the week ahead the pair will be taking cues from Chinese data and Brexit developments.
January 21,2019
The Australian-U.S. Dollar exchange rate is climbing steadily towards an important zone in the 1.72-3 region which, if pierced, could seriously undermine the bearish case and potentially break the ‘hold’ of the long-established downtrend.
January 18,2019
The Australian Dollar rose Friday following reports that U.S. officials are debating lifting some tariffs on goods imported from China, but a flurry of economic figures due out of the world's second largest economy at the start of next week presents a risk to the Antipodean currency.
January 21,2019
The Australian Dollar was unmoved by a steep fall in the Westpac Consumer Sentiment index Wednesday but selling the Antipodean currency is still a "top" investment idea for the 2019 year, according to analysts at DNB Bank in Singapore.
January 17,2019
The Australian Dollar was lifted Tuesday by reports suggesting the Chinese government will cut taxes on a larger scale than previously thought in order to support the economy, which has fuelled support for so-called risk assets.
January 15,2019
Page 179 of 281