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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
The Australian Dollar has likely seen its nadir against the U.S. Dollar and has scope to rise against the Canadian Dollar over coming weeks, according to analysts at TD Securities, who say much of the bad news likely to befall Australia is already baked into the price of the Antipodean.
October 12,2018
The Australian Dollar has reached its lowest ebb against Pound Sterling and will soon begin to recover losses from the British currency, according to the latest forecasts from Lloyds Bank.
October 11,2018
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