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…
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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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Australian dollar exchange rates (AUD) failed to get a boost from the much-watched Chinese GDP data released overnight but markets continue to forecast ever-lower levels in the Aus dollar.
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The Australian dollar is forecasted to lose yet more ground in a currency environment increasingly dominated by US dollar strength.
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Concerns that an unwinding of GBP/AUD long positions amongst the global FX trading community would keep the rate under pressure has proven to be unfounded.
Read more … →The fortunes of the pound sterling to Aus dollar exchange rate has taken a dramatic turn today with the AUD surging higher.
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