“Until we see some evidence of wages growth, the RBA will remain on the sideline, and the AUD will continue to be dictated to by global forces,” - ANZ Bank.
Read more … → GBP/AUD has been rising steadily and is tipped to go even higher in the week ahead if it can break above the 1.80 highs.
Read more … →Australia's Dollar is unlikely to offer an exiting domestic backstory in 2018 but its worst days are probably behind it, and the currency still presents a cheap opportunity to bet against the US gr…
Read more … →Strategists are increasingly revisiting their calls for an RBA rate hike in the first half of the year and downgrading their Australian Dollar forecasts, but the currency can still triumph in 2018.…
Read more … → Wage pressures are the most important variable in the interest rate equation at the moment given their significance for inflation and Wednesday's Aussie wage numbers left a sour taste in th…
Read more … → While J.P. Morgan’s new forecasts still imply some downside for the Australian Dollar, the opposite is true for the bank’s view on the Pound, which implies nearly 10% upside for Sterling-Au…
Read more … →Higher wage growth and lower unemployment were always prerequisites for an RBA interest rate rise but action is doubly important now that parity between Australian and US interest rates is looming.…
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