The Australian Dollar is a buy, according to analysts at Nordea Markets, who say the Antipodean currency is line to benefit from an ongoing economic recover in China that should provide support to the Aussie in spite of weighty bets by the market suggesting the Reserve Bank of Australia (RBA) will soon cut interest rates. 

April 29,2019

The Pound's fortunes against the Australian Dollar have flipped into positive, but we will be watching Chinese manufacturing numbers to provide further direction this week.

April 28,2019

A low first quarter inflation rate has strengthened the case for Reserve Bank of Australia (RBA) to cut its interest rate, which will have the knock-on effect of weakening the Australian Dollar, says asset manager AMP Capital.

April 26,2019

The Australian Dollar was lifted overnight by official data that revealed a further improvement in Australia's terms of trade that has lifted the fundamental value of the Antipodean currency, which Societe Generale has said is a buy if it can close above the 0.70 level against the U.S. Dollar this week. 

April 26,2019

The Australian Dollar was hammered on Wednesday as traders dumped the Antipodean currency after official data revealed surprise falls in both key measures of inflation during the first-quarter, raising pressure on the Reserve Bank of Australia(RBA) to cut its interest rate. 

April 25,2019

The Pound is up against the Australian Dollar at the start of the week but we note the near-term outlook remains negative for this exchange rate and therefore look for further losses.

April 22,2019