The Aus dollar (AUD) backed down from yesterday’s highs after the Commonwealth Bank of Australia cut its forecast for the currency.
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It's been a long while since we have seen the Australian dollar so emphatically outperforming the New Zealand dollar against the British pound, but that is just the case at present.
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The Australian dollar (AUD) is higher on the exchange rate markets today; but as with much of the forex market at present the forecast for the Aus dollar is murky.
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News of the potential default of a large Chinese trust product, which circulated through branches of China’s biggest bank, has added to worries regarding the Chinese economy and its shadow banking …
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The outlook for the Australian dollar (AUD) remains poor with two days of heavy losses continuing to take a heavy toll on the currency's technical guidance.
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Australian dollar exchange rates (AUD) have surged higher on Wednesday after markets were caught with their pants down over an inflation release. Inflation is running a lot higher than previously e…
Read more … →Australian dollar exchange rates (AUD) are today under pressure once more and a roundup of the latest Aus dollar forecasts suggests the currency will likely come under further pressure.
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