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The Australian Dollar was left crippled Friday by official data that revealed a steep slump in actiivity within the Chinese industrial sector during November, which has dealt another blow to the Aussie outlook.
December 14,2018
The probabilities now marginally favour the start of a short-term uptrend in the GBP/AUD exchange rate over the week ahead.
December 9,2018
The Australian Dollar retreated further from earlier three-month highs in the final session of the week, placing it on course to book a sizeable 2018 loss, but the New Year will be kinder to the Anipodean currency according to ABN Amro.
December 7,2018
The Australian Dollar is still expensive on a fundamental basis and is likely to underperform many other currencies again next year, according to analysts at Australia & New Zealand Banking Group (ANZ).
December 6,2018
The Australian Dollar retreated from multi-month highs Wednesday as traders began betting a Reserve Bank of Australia interest rate cut could now be on the way following disappointing third-quarter growth data.
December 5,2018
The Australian Dollar extended gains Tuesday as investor risk appetites continued to improve in the wake of the weekend's G20 trade breakthrough and after official data revealed a notably fall in the current account deficit during recent months.
December 4,2018
The Australian Dollar surged into a new week Monday after U.S. and Chinese Presidents reached a “trade war” truce at November’s G20 summit, but analysts are warning against reading too much into the accord.
December 3,2018
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