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  • 238.25
  • 0.08
    0.034%
  • Bid:
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    209.31
  • High:
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  • 52wk High:
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  • 09:57
    Mar, 28
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Currency News

The Australian dollar is under pressure as trade war fears flare again

01 Mar 2018 15:33Business 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

Trumponomics and the surprisingly strong Australian dollar

20 Feb 2018 19:07The 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

Westpac ups Australian dollar forecast

23 Jan 2018 17:48MacroBusiness (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. more

Aussie Dollar Could Yet Gain More If Domestic Data Play Ball

12 Jan 2018 20:48Nasdaq
The 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

The Australian Dollar's Rally Probably Won't Last Longer-Term, Says NAB

12 Jan 2018 12:33Pound 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

Dollar extends rise while USD weakens

11 Jan 2018 14:03NEWS.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. more

Commodities still the main driver of the Australian dollar

21 Dec 2017 10:41Nasdaq
So 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

Australian dollar headed for short term pain trade?

04 Dec 2017 19:18MacroBusiness (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. more
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