| 04 Feb 2018 15:11 | MacroBusiness (blog) |
It's reassuring to know that the AUD still works as counter-cyclical cushion when the heat really comes on. Positioning on the CFTC fell marginally last week to a modest 13k contracts long: Plenty of room there for the currency to keep falling.
more| 04 Feb 2018 14:48 | Business Insider Australia |
After closing Friday's session nursing a loss of 1.5%, the largest since May last year, the AUD/USD has continued to slide upon the resumption of trade on Monday morning, currently sitting at .7911.
more| 04 Feb 2018 10:07 | Pound Sterling Live |
In just over three weeks the Pound has appreciated an incredible seven cents against the Australian Dollar. At the start of January one Pound could buy you just under 1.71 Australian Dollars - at the end of last week, it could buy you roughly 1.78. It ...
more| 07 Jan 2018 18:33 | Business Insider Australia |
Of all the driver of currencies in the past few years, none have been as influential as shifts in central bank policy. Think the US dollar ahead of interest rate policy normalisation from the US Federal Reserve in 2014 or, more recently, the Canadian ...
more| 24 Dec 2017 05:46 | Investing.com |
If not, this bearish switch is interesting coming in the wake of a strong Australian employment report that had me wondering whether my bearish assessment on the Australian dollar could hold. I am now incrementally more confident on that bearish ...
more| 12 Oct 2017 16:11 | Business Insider Australia |
Domestically, the Reserve Bank of Australia (RBA) will release its semi-annual Financial Stability Review at 11.30am AEDT. There's likely to be plenty of interest in what the bank says in relation to Australia's housing market given mixed signals ...
moreStill, the Australian Dollar didn't fall very far in the data aftermath and clearly remains quite well supported, especially against the greenback.
more| 22 Aug 2017 05:18 | Investing.com |
“Iron ore prices are rising on demand hopes as higher steel prices encourage Chinese steel mills to boost production,” said Vivek Dhar, mining and energy commodities analyst at the Commonwealth Bank.
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