| 03 May 2018 20:30 | MacroBusiness (blog) |
Great stuff here from BofAML's David Woo: The major points: US dollar headwinds gone, especially EM trade. EMs to keep blowing up, feeding USD bid.
more| 03 May 2018 17:07 | Business Insider Australia |
After opening the session just below the 75 cent level, the AUD/USD began to push higher as Asian markets opened, helped by the release of stronger-than-expected trade and building approvals figures from Australia. Profit-taking in the US dollar ahead ...
more| 03 May 2018 02:30 | The Australian Financial Review |
The sharp drop in the Australian dollar in recent weeks is not enough to move the dial on economic growth and activity, experts say, although at least one business stands to immediately benefit.
more| 03 May 2018 00:48 | The Australian Financial Review |
Commonwealth Bank has cut its Australian dollar forecast for this year and next to take into account a slowing global economy, the pricing out of an interest rate hike in Australia this year and a firming of the US dollar.
moreThe Reserve Bank of Australia (RBA) held cash rates at a record low 1.50 percent for a 21st straight meeting and signalled the need for policy to remain stable for a while.
more| 01 May 2018 20:52 | Business Insider Australia |
As a relatively-small, globally-exposed nation, Australia's economic fortunes are often determined by how things are going elsewhere.
more| 01 May 2018 15:24 | MacroBusiness (blog) |
DXY through 200DMA overnight is escalating the “performance bleed” from consensual macro positioning with implicit “short USD” components; With the “synchronized global growth” narrative now being capitulated against, the Dollar has recoupled with ...
more| 21 Apr 2018 00:37 | FX Empire |
The Australian dollar has broken down over the last couple of days rather drastically, slicing through the 0.77 handle during early Friday trading.
more