The Australian Dollar edged higher against its international rivals at noon in London Friday but remains close to a key support level against its US counterpart and strategists are warning that if this gives way, a fierce sell-off could ensue. 

April 6,2018

The Australian Dollar has remained under pressure in the first week of April although one Singapore based strategist is now calling an end to the rout and recommending clients bet on a rise in the Aussie unit relative to the US Dollar.

April 5,2018

The Australian Dollar rose during early trading in London Wednesday as markets responded to the latest retail sales report from down under, which showed consumer spending rebounding from an earlier slump during February.

April 4,2018

exchange rates 8

The exchange rate is in an established uptrend but it has now met firm resistance overhead from the 200-week moving average (MA) which is capping further gains.

April 3,2018

The Australian Dollar could be owed a rebound in the forthcoming week, according to strategists at Commonwealth Bank of Australia, as month and quarter-end hedging activity among institutional money managers dies away.

March 29,2018

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

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