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A major recent feature of the markets has been the steep decline in commodity prices and a knock-on effect on commodity currencies.
May 9,2017
The Pound to Australian Dollar has had a strong run higher in the previous week as falling commodity prices hit the outlook for the Australian economy. we now note some signs of a potential overbought scenario in the pair.
May 9,2017
The Pound to Australian Dollar exchange rate reached a high of 1.7392 on Thursday, May 4. The last time this level was attained was back in September 19, 2016.
May 4,2017
It has been a good month-to-date for the Euro which currently holds the crown of the second-best performing currency in the G10 complex.
May 3,2017
The Australian Dollar changed little after the Reserve Bank of Australia (RBA) rate meeting but it did mark a highpoint for the currency from which it spent the rest of the day falling.
May 2,2017
Price growth extends and we see no reason to suspect it will not continue as there are no bearish indicators on the chart.
May 1,2017
Analysts are anticipating the Australian Dollar’s poor run to extend into the month of May based on current momentum, market positioning and seasonal factors.
April 28,2017
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