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The Australian Dollar has remained on the back foot this week despite a broad rebound in risk assets, but one strategist at Societe Generale says the currency looks like a good buy for speculators at present levels, while other forecasters are suggesting it could rise notably over coming months.
March 27,2018
The Australian Dollar is expected to drift lower toward the bottom of its recent range over coming months, according to strategists at Bank of America Merrill Lynch, although developments in the Chinese property market will be key to its direction once past the second quarter.
March 26,2018
The Pound-to-Australian Dollar rate is in a steep uptrend which is likely to continue after forming a reliable continuation pattern during the previous week.
March 26,2018
The AUD/USD is currently looking vulnerable to long-term weakness both from a fundamental perspective and from a technical perspective.
March 23,2018
The Australian Dollar weakened broadly on Wednesday and lagged its developed world rivals in winning ground from the US Dollar amid a global assault on the US currency.
March 22,2018
The Pound-to-Australian Dollar rate has exceeded our last forecast target mosty as a result of the news that the UK had agreed a transitional deal. Can it continue?
March 21,2018
The Australian Dollar held its own against the G10 basket during morning trading in London Tuesday, despite a continuing rout in iron ore futures markets and a choir of strategists who are taking an ever more cautious stance on the currency.
March 20,2018
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