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The Australian Dollar fell broadly on Wednesday as traders responded to a weaker-than-expected set of second quarter inflation numbers, which served only to confirm a dour outlook for interest rates down under, as well as for the Aussie currency.
July 25,2018
GBP/AUD continues to bounce between major levels with no clear directional trend but Australian inflation data could turn tables on inert rate if it surprises this week. Brexit politics still dominate Sterling with CBI data also offering heads up.
July 23,2018
The Australian Dollar rose broadly Thursday after official data appeared to show the 2018 slowdown in Aussie jobs growth coming to an end in June.
July 24,2018
GBP/AUD is in a rangebound consolidation on the weekly and daily charts despite previous activity suggesting a marginally bullish bias. Brexit politics are set to dominate GBP whilst labour data is the main release for the Australian Dollar.
July 15,2018
The Australian Dollar rose Thursday but its path back to earlier 2018 highs will be shallower and the journey slower than previously thought, according to the latest forecasts from analysts at BMO Capital Markets.
July 13,2018
The Australian Dollar fell Wednesday but losses should be short-lived, according to the latest forecasts from analysts at the world's largest FX dealer Citi, who are arguing the Aussue is likely to resist further downside pressure during the months ahead.
July 12,2018
A global trade war would hurt commodity-export-dependent Australia and the fallout would weaken the Australian Dollar.
July 10,2018
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