Australian Dollar: Next Move Could be an Interest Rate Hike Warn Economists
April 25, 2024
The Australian Dollar could be poised to extend its current run of outperformance if the Reserve Bank of Australia were to raise interest rates again.
Australian Dollar in Demand: Bumper Inflation Means RBA Might Only Cut in 2025
April 24, 2024
The Australian Dollar is the day's best performer after inflation figures kick the prospect of an interest rate cut at the Reserve Bank of Australia (RBA) further into the distance.
Australian Dollar Bounces into Key Inflation Report
April 23, 2024
A rebound in market sentiment has played into the hands of the Australian Dollar, which is amongst the best performers in G10 ahead of the midweek release of local inflation figures.
Pound to Australian Dollar Week Ahead Forecast: Teetering, Aussie Inflation Eyed
April 22, 2024
The Pound to Australian Dollar exchange rate is teetering above the key 200-day moving average (DMA) as we write on Monday; it must stay above here if a positive technical setup is to remain entrenched.
Australian Dollar Aided By Improved Morale, Employment Figures
April 18, 2024
Improved global investor sentiment and an upgrade to February's bumper job report are supporting the Australian Dollar.
Australian Dollar Sold on Lower Chinese Renminbi Fix
April 16, 2024
A fall in the value of the Chinese Renmimbi has weighed on the Australian Dollar, confirming the ongoing tight correlation between the two currencies.
Pound to Australian Dollar Week Ahead Forecast: Bulls Frustrated by AUD Resilience
April 15, 2024
While the Australian Dollar still looks vulnerable to a further deterioration in market sentiment, but buoyant global commodity prices and a strong domestic jobs report should limit the downside in the coming weak.
Australian Dollar Late-week Wobbles On China Trade Slump
April 12, 2024
The Australian Dollar looks set to end the week on a soft footing, with analysts pointing to China as a factor behind the selling pressures.
Good News for Australian Dollar Bulls as Iron Ore Markets Perk Up
April 10, 2024
Higher iron ore prices can help underpin the Australian Dollar outlook.
Pound to Australian Dollar Week Ahead Forecast: Fresh Multi-week Lows Loom
April 08, 2024
The Pound to Australian Dollar exchange rate is at risk of testing fresh multi-week lows in the coming days, especially if Wednesday's U.S. inflation report undershoots expectations.
Australian Dollar: Industrial Metals Are Why BofA is Buying
April 04, 2024
The Australian Dollar is the preferred commodity currency with strategists at Bank of America (BofA) who say industrial metal market dynamics are proving supportive.
Australian Dollar Should be Much Higher Says Goldman Sachs
April 02, 2024
The Australian Dollar should be stronger but has been weighed down by two factors says Goldman Sachs.
Australian Dollar: Why the Knee-jerk Inflation Data Sell-off Was Quickly Faded
March 27, 2024
The Australian Dollar was sold following softer-than-expected monthly inflation figures, but weakness was shortlived as analysts looked under the hood and saw some concerning trends.
Pound to Australian Dollar Week Ahead Forecast: Moderate Pressure
March 25, 2024
Pound Sterling could stay under moderate pressure against the Australian Dollar in the coming week owing to a softening technical setup and the risk monthly inflation figures will beat expectations.
Australian Dollar Surges on "Extraordinary" Job Growth, But Beware Payback
March 21, 2024
The Australian Dollar was broadly higher after Australia reported what economists describe as "extraordinary" job growth in February.