A report from the Australian government has given a negative forecats for iron ore - but is the report really that negative about Australian trade in general, and what are the implications fo…
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The Pound to Australian Dollar pair has continued rising and building on gains it made after breaking above a key trendline on March 21.
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“Our analysis suggests that the AUD will likely become less sensitive to the narrowing in rate spreads that we are forecasting, risk appetite could decline in importance as a driver of the AUD" - D…
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The Australian Dollar fell against most counterparts on Monday morning after the release of February Retail Sales data showed a disappointing decline in February.
Read more … →The Pound to Australian Dollar has seen something of a rebound since the March 16 1.58 lows and is currently trading at 1.6457.
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The Australian Dollar is likely to weaken over the medium term because of the twin effects of a fall in Chinese demand for Australian commodities and slowing wage growth.
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EUR/AUD has been sliding lower in a neat descending channel over the last ten months, recently it flirted with a key overhead level - will it push higher or begin a new more bearish phase instead?
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