The Australian Dollar is primed for a recovery against the US Dollar over coming months, according to strategists at trading firm Saxo Bank, who are advocating that clients take advantage of recent weakness and buy the exchange rate. 

August 9,2018

The Australian Dollar edged lower Tuesday after Reserve Bank of Australia governor Philip Lowe appeared to suggest an interest rate rise down under could be an even more distant prospect than previously thought. 

August 8,2018

The Australian Dollar rose Tuesday after the Reserve Bank of Australia (RBA) gave an upbeat assessment of both domestic and global economies, leaving markets undeterred from the view that it is on course to raise interest rates from their current record lows around the middle of next year.

August 7,2018

Australian Dollar outlook

GBP/AUD is in short-term downtrend which could continue but watch for the 50-week moving average to provide support near current levels.

August 5,2018

The Australian Dollar slipped lower in the final session of the week as an escalating trade conflict between the US and China weighed on the Antipodean unit, despite a strong June retail sales report that took the market by surprise.

August 3,2018

The Australian Dollar crumbled again Thursday after President Donald Trump upped the ante in the so called trade war with China, which led traders to overlook a solid increase in the Australian trade surplus and the prospect of a solid June retail report emerging later in the session. 

August 3,2018

The Australian Dollar rose Tuesday after a surprise surge in the number of new building approvals issued during June showed fears over a possible collapse of the Aussie housing market to be overdone.

July 31,2018

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