| 17 May 2018 21:37 | The Business Times |
[SYDNEY] The Australian dollar paused near a 3-1/2-month high against its New Zealand counterpart after six straight sessions of gains led by a recent rally in oil prices and on a subtle divergence in monetary policy stance between the two countries.
more| 17 May 2018 17:50 | MacroBusiness (blog) |
Australia and New Zealand have shown the highest correlation between housing and currencies, he said. New Zealand's dollar has dropped 6.1 percent against the greenback in the past month, the worst-performing G-10 currency. The kiwi slid to a ...
moreThe problem for Aussie Dollar bulls is that strong employment growth -of which these data are only another installment- doesn't seem to be feeding through meaningfully into higher wage settlements which might give torpid inflation a good nudge upward.
more| 16 May 2018 18:26 | Business Insider Australia |
The Australian dollar rallied hard on Wednesday, recovering from an early dip to finish higher. While buying against the euro and firmer crude oil prices were cited as two catalysts to explain the strength, reversing early losses following the release ...
more| 15 May 2018 20:34 | MacroBusiness (blog) |
The trend and seasonally adjusted indexes for Australia both rose 2.1% through the year to the March quarter 2018. This continues the rate of wage growth recorded in the December 2017 quarter.
moreMarket contradictions can be interesting, but irrelevant, or interesting and significant. The behavior of the Australian dollar is one of those contradictions. On the one hand the Australian market is making new 10 year highs. This is generally taken ...
more| 15 May 2018 17:07 | Business Insider Australia |
The Australian dollar fell heavily against the greenback on Tuesday, undermined by another increase in US bond yields which scaled fresh multi-year peaks.
more| 15 May 2018 14:43 | MacroBusiness (blog) |
The DXY charge was back last night as EUR fell: AUD was slammed: But EMs fell more: Confirming the USD charge is gaining momentum, gold was smashed: Oil held up: Base metals were mixed: Big miners fell: EM stocks were smashed: As EM junk gave ...
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