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The Australian jobs market could be making a turn for the worse according to fresh economic survey data; a development that sets the scene for an interest rate cut in coming months and a lower Australian Dollar.
May 14,2019
The Australian Dollar slipped into the new week close to the bottom of the G10 basket on Monday, with one eye on the latest wage and employment figures due out in the coming days and the other on a Reserve Bank of Australia (RBA) that left the Antipodean currency's detractors empty-handed on Friday.
May 14,2019
The Pound-to-Australian-Dollar rate is is set to begin trading around 1.8571 Sunday after falling more than one percent last week, but the exchange rate might see further losses in the days ahead because the short and long-term trends are now both to the downside.
May 13,2019
The Australian Dollar faces a cocktail of risks this Friday that could force the Antipodean unit lower and help the Pound-to-Australian-Dollar rate to build on its recent gains in the final session of the week.
May 9,2019
The Australian Dollar rallied in the aftermath of the RBA meeting today at which interest rates were left unchanged at 1.50% for the 33rd meeting in a row. However, the relief rally has its limits as the prospect of an interest rate cut in 2019 remains elevated.
May 7,2019
The forecast for the Pound vs. Australian Dollar exchange rate in the week commencing May 06.
May 6,2019
The Australian Dollar was lower in the Thursday session as the U.S. Dollar firmed and ahead of building approvals data due out early on Friday, which should provide an update on the tempo of the Aussie real estate downturn, although are increasingly turning their attention toward next week's central bank meetings.
May 2,2019
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