The Australian Dollar extended gains over rivals Thursday after official data showed the economy creating new jobs at a rapid clip during August and as markets continued to serenade signs of a detente in the U.S. "trade war" with China.
September 13,2018
The Australian Dollar has taken off on news of a potential endgame being in sight for the ongoing US-China trade spat.
September 13,2018
The Australian Dollar fell broadly in jittery markets Tuesday and could on course for steep declines over coming months, according to analysts at BNY Mellon, who are warning that President Donald Trump's anticipated tariffs on more than $200 billion of Chinese exports to the US will be a watershed moment for the Antipodean currency.
September 12,2018
GBP/AUD is rising strongly after three up-weeks as trade tensions weigh on AUD and the trend higher is expected to extend in the coming week. The main event for the Pound is the meeting of the Bank of England and for the Aussie it is labour data.
September 9,2018
Pound Sterling rose to a four month high against the Australian Dollar Friday as markets responded to President Donald Trump's suggestion that Japan, the world's third largest economy, is his next target in the so-called "trade war".
September 7,2018
Australian Dollar forecasts have been downgraded by Commonwealth Bank of Australia in its latest review of currency markets, although the Antipodean is still expected to rise steadily against the US Dollar over coming quarters, and could go even further against Pound Sterling than previously thought.
September 7,2018
The Australian Dollar slumped Thursday after two more of the country's largest lenders raised their mortgage rates, potentially scuppering the Reserve Bank of Australia from being able to raise its own rate further down the line, leading traders to dump the Aussie even aftera solid set of July trade balance numbers.
September 7,2018
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