The Aussie Dollar is looking soft heading into the weekend owing to a slide in global metal prices.
April 20,2018
The Australian Dollar traded higher against a majority of its developed world rivals Wednesday as markets positioned for the release of the latest set of labour market figures down under, which will be key to avoiding another deterioration of interest rate expectations during the weeks ahead.
April 19,2018
The Pound could be staring down the barrel of a double digit decline against the Australian Dollar, according to the latest set of forecasts from Commerzbank, with all of this loss to come before year-end.
April 17,2018
Momentum does appear to reside with Sterling from a technical standpoint and we would therefore suggest further advances are likely. Watch employment data out of both Australia and the UK for fundamental triggers.
April 15,2018
The Australian Dollar extended its nascent recovery into the final session of the week as risk assets benefited broadly from an easing of fears over a possible conflict in the Middle East, while some strategists are suggesting the Antipodean currency may continue to parry its doubters for while yet.
April 13,2018
The Australian Dollar could finally be on the verge of having its own moment in the sun this year, according to strategists at Credit Suisse, now that iron ore prices appear to have bottomed and oil is continuing its climb higher.
April 12,2018
The Australian Dollar is sure to rise against its US and British rivals over the coming quarters, according to forecasts from Commonwealth Bank of Australia, with the only uncertainty being the likely pace of the Antipodean currency's gains.
April 11,2018
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