| 01 Mar 2018 15:33 | Business Insider Australia |
“If Trump's decision to impose tariffs triggers a retaliation by the US main trading partners, a trade war is not just a negative for risk assets, it is also a negative for small and open economies such as Australia,” he says. “Thus, we wouldn't be ...
more| 20 Feb 2018 19:07 | The Sydney Morning Herald |
The Australian dollar is currently fetching around 79 US cents. Photo: Louie Douvis. After a 10 per cent drop in the trade-weighted Bloomberg US dollar index in 2017, "the greenback is likely to continue to weaken over the next couple of years ...
more| 23 Jan 2018 17:48 | MacroBusiness (blog) |
Associated with that higher Federal Funds rate would be a rising bond rate and rising US dollar with targets of a rise of around 5.5% in the USD Index (DXY) and an increase in the US 10 year bond rate to 3% from 2.35% at the time.
moreThe Aussie's support has been quite broad-based too. General US Dollar weakness has certainly helped. Global investors increasingly suspect that the US won't be alone in tightening monetary policy this year and this suspicion has seen many currencies ...
more| 12 Jan 2018 12:33 | Pound Sterling Live |
Recent rises in the price of metals such as Copper, Lead, Zinc, Silver, and Iron have all supported the Australian Dollar because Australia is such a major producer and exporter of these metals.
more| 11 Jan 2018 14:03 | NEWS.com.au |
... after falling to a near-one-week low 91.808. The greenback extended losses after data showed US producer prices fell for the first time in nearly one-and-a-half years in December amid declining costs for services.
moreSo why is the Australian dollar remaining so resilient in the face of such pressure? Surely higher rates in the US, as well as a soaring demand for the greenback on the back of corporate tax cuts, should be negative for the Australian dollar? Tax ...
more| 04 Dec 2017 19:18 | MacroBusiness (blog) |
The odds are pretty reasonable for a short term bounce. The USD now has to chop through the reality of tax reform problems beyond the exciting idea of them.
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