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The Australian Dollar weakened Monday after the government appeared on course to lose its one-seat majority in parliament and as the U.S. criticised China's response to efforts at de-escalating the so called trade war between the world's two largest economies, but one trader says to buy the currency.
October 23,2018
For traders to adopt a more bullish stance on the Australian Dollar they would first need to see a fundamental "catalyst" which could kick-start a new trend higher.
October 19,2018
The Australian Dollar rebounded from an overnight dip Friday as concerns about a growth slowdown in China were offset by speculation the government will soon step in with fresh stimulus to support the world's second largest economy.
October 19,2018
The Australian Dollar edged higher Thursday as markets responded to a sharp overnight increase in iron ore prices and following an upbeat labour market report for September.
October 18,2018
Max Loh at SeekingAlpha has identified to arguments for, and one against, the prospect of an Australian Dollar recovery over coming weeks.
October 17,2018
The Australian Dollar should stabilise over coming weeks as much of the relevant bad news is now in the price of the currency, while an anticipated uptick in hedging activity among asset managers is also likely to support the Antipodean, according to National Australia Bank (NAB).
October 18,2018
Sterling remains in uptrend against the Australian Dollar which is expected to extend and a break above previous highs will provide confirmation.
October 16,2018
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