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.
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Disappointing steel production is weighing on iron ore prices and helps explain the Australian Dollar's sluggish start to 2024.
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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.
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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 boo…
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The Australian Dollar is the day's best-performing major currency amidst rising bets that Chinese authorities will boost stimulus initiatives following a dour set of inflation prints.
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An analyst we follow says he continues to look for Australian Dollar strength, despite Australia's monthly inflation reading undershooting expectations.
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The Pound to Australian Dollar has walked into the new year with renewed vigour and could be about to lay claim to the long-running 2023 range once more.
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