The Australian Dollar stabilised following an overnight slump on Tuesday but the outlook is growing more uncertain as commodity price headwinds return to haunt the currency.
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The technical outlook for GBP/AUD is complex and made all the more so by this morning's decline. The pair had been showing signs it was beginning a new short-term uptrend after unfolding a new set …
Read more … →Analysts optimistic on Australian Dollar's outlook owing to expected pick-up in wages.
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The Australian Dollar is undervalued and its Kiwi counterpart currently trades at a premium to "fair value", acccording to analysts at Westpac, who say the AUD/NZD rate should now rise as the valua…
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The Australian Dollar bounced out of an earlier trough Wednesday after international stock markets stabilised and as the safe-haven U.S. greenback softened.
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The GBP/AUD rate has been falling within a steep downtrend ever since peaking at the 1.87 October highs but the pair is now approaching a major area of support, where it could steady.
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The Australian Dollar shifted onto its back foot in the final session of the week after failing to hold an earlier two-month high, but the 2019 year ahead will be kinder to the currency than 2018 a…
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