Australia's trade surplus has fallen to a 17-month low amidst a decline in falling commodity export earnings linked to the slowdown in China.

September 7,2023

The Australian Dollar was sharply lower after the Reserve Bank of Australia (RBA) opted to keep its base interest rate unchanged at 4.10% and communicated it was not committed to raising interest rates again.

September 5,2023

GBPAUD extends recent pullback from highs as upside momentum wanes.

September 4,2023

The Australian Dollar's rebound against the British Pound and other European currencies was supported Thursday by the release of strong domestic capital expenditure and Chinese data.

August 31,2023

The Pound to Australian Dollar exchange rate reached more than three-year highs earlier in August but the rally has become increasingly speculative and one trader says that betting on an eventual unraveling of the pair is likely to pay handsomely sooner or later. 

August 24,2023

The Australian Dollar pared earlier losses against most counterparts in the final session of the week after Reserve Bank of Australia (RBA) Governor Philip Lowe gave a cautiously upbeat assessment of the economic outlook and reportedly indicated that interest rates might already have risen as far as they’re likely to. 

August 11,2023

The Australian Dollar is one of the worst-performing of the major currencies over the course of the past month and year but a better performance awaits into year-end say some analysts, noting the Reserve Bank of Australia will hike interest rates again and that Chinese growth disappointments are peaking.

August 10,2023

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