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Commerzbank has suggested that the Australian Dollar may experience a boost if market players have underestimated the strength of the Australian economy, as well as the Reserve Bank of Australia's (RBA) resolve to pursue further interest rate hikes.
April 14,2023
The Australian dollar rose against other major currencies on Thursday following the release of better-than-expected labour market data.
April 13,2023
GBP/AUD could approach 1.90 in the weeks ahead and might also find itself well-supported above roughly 1.8350 if the more favourable relative interest rate outlook is sustained.
April 13,2023
The Australian Dollar could be set to remain an underperformer as the Reserve Bank of Australia (RBA) looks committed to a 'dovish' policy path that investors believe will see it cut interest rates in the second half of the year.
April 6,2023
RBA halts hiking cycle, AUD falls back, Gov. Lowe says further hikes are possible.
April 5,2023
The Australian Dollar is in focus over the coming 24 hours as the Reserve Bank of Australia (RBA) is due to deliver its latest policy decision.
April 3,2023
The Australian Dollar was a straggler among major currencies this month due partly to the handicap of comparatively low bond yields but Spectra Markets is tipping AUD/USD as a buy in anticipation of a recovery over the coming weeks.
March 31,2023
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