The Australian Dollar could receive a boost if next week's data shows the Antipodean nation's labour market is shown improving further, according to strategists at ANZ Research, although they argue the Aussie unit remains a risky proposition and that traders should just "sell the rallies". 

June 8,2018

Image in the public domain

A positive trend in Aussie economic growth is unlikely to abate any time soon or be impacted by macro trade war themes, so the outlook remains positive for the Australian economy.

June 7,2018

The Australian Dollar advanced against the developed world currency basket Wednesday after first-quarter GDP numbers showed the Aussie economy growing at its fastest pace for some six years. 

June 20,2018

The Australian Dollar slipped across the board on Tuesday after the Reserve Bank of Australia held its interest rate steady at its current record low, citing low inflation and weak wage growth, which are expected to persist for some time to come. 

June 5,2018

Australian Dollar exchange rates

Concerning the outlook, the Pound-to-Australian Dollar exchange rate appears intent on finding a floor around the 200-day moving average we believe.

June 4,2018

The Australian Dollar continued a nascent rebound higher against its developed world rivals Thursday and, according to strategists at Wespac Banking Corporation, the currency will likely continue to outperform its peers next week too. 

May 31,2018

The Australian Dollar is close to bottoming out and may soon recover against many of its international rivals, according to strategists at Bank of America Merrill Lynch, although the investment bank's latest forecasts suggest the Pound-to-Australian-Dollar rate can still rise as much as 5% during the rest of 2018. 

May 29,2018

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