exchange rate forecasts 2

Iron ore appears to be a key suspect in the Australian Dollar's underperformance and iron market dynamics in China don't appear to suggest a pick-up in prices is imminent.

November 8,2017

Friday's monetary policy review could see the RBA nudge its growth and inflation forecasts lower, effectively  kicking the interest rate can down the road and into another quarter. 

November 7,2017

australian dollar exchange rates 6

GBP/AUD is at risk of rising this week as the Australian Central Bank is likely to issue a dismal assessment at its meeting on Tuesday given recent poor data and technical studies remain marginally bullish.

November 6,2017

Friday’s downbeat Australian retail numbers contrast with the news-flow from the UK which, being positive, has helped place a floor beneath the Pound following its Bank of England induced sell off Thursday.

November 3,2017

Markets were priced for a further two hikes in 2018 and, barring a shift in expectations of the month that those hikes are delivered, expectations going into the announcement were firmly on the money.

November 2,2017

Expectations of a stronger trade surplus can help to support the Australian Dollar against other currencies at a time when the onward march of other central banks, and an RBA that is seen on the road to nowhere, are set to act as a headwind for the Aussie currency.

November 2,2017

Since September the Dollar has fallen and a host of other factors have created little incentive for the RBA to suddenly pick up the pace at which it moves toward an interest rate hike.

November 1,2017

Page 211 of 277

Theme: GKNEWS