Aussie Shrugs Off Soft GDP
The Australian dollar is showing limited movement for a second successive day. In European trade, […]
AUD/USD Struggles for Support
The Australian dollar softened after the RBA lifted its cash rate by 25bp as expected. […]
Dollar Caught a Break Thanks to Yield Support and Risk-off Setting
Markets “All” it took for US investors to digest Friday’s strong payrolls was a weekend […]
RBA Hike Rates by 25bp, More Hikes to Follow
Summary of the RBA’s December statement: The RBA raised rates by 25bp from 2.85% to […]
Strong US Data Stokes ‘Rate Fears’ and Curbs Risk Appetite
Market movers today Today, Germany releases factory orders for October where consensus expects a stabilisation […]
FX Year Ahead 2023: Recessions and Trend Reversals
The US dollar steamrolled every other major currency this year, capitalizing on a perfect storm […]
Currency Pair of the Week: AUD/CAD
The Reserve Bank of Australia meets on Tuesday to discuss interest rate policy. Markets are […]
EURAUD Wave Analysis
EURAUD under the bullish pressure Likely to rise to resistance level 1.5650 EURAUD under the […]
Australian Dollar Calm ahead of RBA
The Australian dollar has posted slight gains at the start of the trading week. AUD/USD […]
The Consensus is for RBA to Hike by 25bp Tomorrow
What has happened since the last RBA meeting? 10th November: Australia’s central bank says nearer […]
AUD/NZD extending decline, targets 1.0437
New Zealand Dollar is clearly overwhelming its Australia counter part recently. AUD/NZD’s decline continues on […]