The Australian out-performed rivals during the Asian session on Tuesday, September 04 thanks to a shift in stance to the currency's value at the RBA however a subsequent retreat only serves to conf…
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GBP/AUD in strong rebound and the pair is now above 1.80 and in a new short-term uptrend. The main release for the Pound is PMI data and for the Aussie Q2 GDP and a central bank meeting.
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"For the AUD and NZD, better news around China is nearly absorbed and over the rest of the year we remain bearish on both" - ANZ.
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The Australian Dollar hit the ropes Thursday after official data showed the value of business investment falling sharply during the second-quarter and as traders shunned so called risk assets in th…
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The Australian Dollar is seen coming under pressure in the wake of news that Australian lender Westpac has raised its standard variable home loan rate by 14bp to 5.38%.
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"While the AUD saw a knee-jerk move higher on Morrison's appointment, the fragile political backdrop still remains a cause of concern" - ING's Viraj Patel.
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GBP/AUD is in a short-term downtrend after breaking below the 50-week MA with the longer-term charts also suggesting more weakness. Effects on AUD of recent change in Prime Minister meanwhile remai…
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