A prominent trader has said he thinks the time is now ripe to bet on falls in the UK currency.
Read more … →Domestically, we are in a quiet week for the AUD. However, on the back of last weekโs better than expected October job report the currency seems to have found some traction.
Read more … →Barclays have made betting on a decline in the Australian dollar there key trade for the week commencing 16th November.
Read more … →โThe RBA has again mentioned the possibility of a rate cut: caution rather than preparation.โ โ Intesa Sanpaolo.
Read more … →China continues to battle its slowing growth rate which is in turn pressuring the Yuan. But, analysts believe there is more than enough firepower at the Governmentโs disposal to avoid a more โฆ
Read more … →Despite the positive news on the labour front strategists at ABN Amro are maintaining their bearish stance on the AUD.
Read more … →The Aus dollar is the outperformed in global FX as more jobs are created in Australia leading to suggestions that Reserve Bank of Australia will not have to cut interest rates further.
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