The Australian Dollar can act as a liquid China proxy thanks to its home nation's strong raw-material export links with the world's second-largest economy.
more| 30 Oct 2017 18:09 | MacroBusiness (blog) |
The EUR will also weaken as its low yield means it remains a funding currency. A cautious cycle from the ECB - which has one eye on the impact that the EUR can have on financial conditions - will also provide a lid.
more| 20 Sep 2017 00:03 | ABC Online |
If you follow the financial news, you'd have heard or read a lot recently about a surging or stubbornly high Australian dollar. After touching lows below 70 US cents during the commodity crash of 2015, the Aussie has been on a steady course higher ...
more| 19 Sep 2017 23:52 | THE BUSINESS TIMES |
[SYDNEY] The Australian dollar held above the key level of 80 cents on Wednesday as yields on government bonds hit their highest since late 2015, while more domestic banks predicted the central bank will hike rates next year.
more| 19 Sep 2017 17:18 | Business Insider Australia |
Along with the upbeat tone of the minutes, the Aussie also benefited from another bout of US dollar weakness, said Greg McKenna, chief market strategist at AxiTrader.
more| 10 Sep 2017 23:07 | The Weekly Times |
The bank said it had lowered its price forecasts for most agricultural commodities as a result of the unexpected strength of the Australian dollar. NAB said its rural commodities index had fallen 7.6 per cent to a 15-month low. The index tracks 28 ...
more| 10 Sep 2017 17:07 | Business Insider Australia |
Having hit .8124 in Asia, fuelled by another bout of broad-based US dollar weakness that was sparked by a surge in the Chinese yuan, the AUD/USD slid in European and US trade, eventually closing the session at .8058.
more| 05 Sep 2017 19:11 | Financial Times |
The Australian dollar strengthened above $0.80 on Wednesday ahead of the release of the country's gross domestic product data for the three months to June.
more