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The Australian Dollar was left badly bruised Wednesday after the Reserve Bank of Australia (RBA) dropped its bias to lift interest rates over the coming years, prompting traders to dump the Antipodean currency.
February 6,2019
The Australian Dollar ouperformed rivals Tuesday after the Reserve Bank of Australia (RBA) took markets by surprise when it appeared to retain its bias to lift interest rates over the coming years.
February 6,2019
The Australian Dollar fell into the new week Monday after surveys showed the jobs and housing markets struggling early in the New Year, just hours before the latest interest rate guidance is due from the Reserve Bank of Australia (RBA).
February 4,2019
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
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
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