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A rescue of Chinese stocks could also rescue the Australian Dollar from its dour 2024 performance, according to Société Générale's lead FX analyst.
January 25,2024
JP Morgan isn't ready to drop its backing for the Australian Dollar in 2024, saying the currency remains a favourite bet.
January 23,2024
The Australian Dollar continues to struggle, with the new week seeing some selling pressure linked to a poor showing in Chinese equity markets.
January 22,2024
The Australian Dollar's status as the worst-performing major currency in the G10 arena was cemented Thursday following the release of below-consensus labour market data.
January 18,2024
Disappointing steel production is weighing on iron ore prices and helps explain the Australian Dollar's sluggish start to 2024.
January 17,2024
Bank of America is constructive on the Australian Dollar over 2024 as the Reserve Bank of Australia holds interest rates while its peers cut, and peak pessimism towards China passes.
January 16,2024
The Australian Dollar has come under pressure in the opening weeks of 2024, and further softness can be expected, although the release of a bumper Australian jobs report this week could offer a boost.
January 15,2024
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