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The Australian Dollar is one of the better performing major currencies thanks to hopes of a Chinese economic revival. But it could suffer a setback this week as embedded expectations are challenged.
September 30,2024
MUFG Bank says it is initiating a "long AUD/USD trade idea" based on "building investor optimism towards the growth outlook in China and globally" after recent policy changes in the U.S. and China.
September 27,2024
The Australian Dollar is today's best-performing currency as China-linked assets rose after China's leaders called for fresh stimulus to bolster the economy.
September 26,2024
Australia's monthly rate of inflation has finally fallen into the Reserve Bank of Australia's target band, in an early signal that victory in the fight against rising prices is at hand.
September 25,2024
The Australian Dollar is down against the majority of its currency peers after the Reserve Bank of Australia (RBA) hinted that it was taking a path towards its first interest rate cut.
September 24,2024
The Pound and Australian Dollar are both outperformers in the current environment, which is flattening volatility in GBP/AUD.
September 23,2024
A strong Australian employment report and the tailwinds of a generous 50 basis point cut from the Federal Reserve have boosted the Aussie Dollar and will press GBP/AUD towards range lows.
September 19,2024
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