Indeed, coupled with lower world prices for the raw materials which make up so much of Australia's exports, tariff worries saw AUD/USD slide last Thursday.
more| 23 Mar 2018 06:12 | Pound Sterling Live |
... a May interest rate rise, which should take the UK's basic rate to 0.75%, and in the process close the door on the Australian Dollar's rate advantage. Analysts at Morgan Stanley have today confirmed they believe the GBP/AUD exchange rate is likely ...
moreAustralia's currency is an obvious candidate as its success is often linked to investors' take on global growth thanks to Australia's vast raw material exports, particularly to China.
moreHowever, the Australian Dollar was hit last week by comments from Donald Trump's new chief economic advisor Larry Kudlow.
more| 16 Mar 2018 16:56 | Business Insider Australia |
... failure to break back above its 200-day moving average. From there it was one-way traffic for the Aussie, losing over 1% against the US dollar for a second consecutive session. Combined with Thursday's losses, the two-day percentage decline was the ...
more| 16 Mar 2018 07:34 | Pound Sterling Live |
The Pound-to-Australian-Dollar rate was 0.60% higher at 1.7998. The currency had enjoyed a boost earlier in the week when Chinese industrial production, fixed asset investment and retail sales figures emerged stronger than expected for the month of ...
more| 15 Mar 2018 16:00 | Business Insider Australia |
“This has resonated more in offshore markets than it did during Asian trade with the US dollar index currently up just under half a percent,” said Ray Attrill, Hhead of FX Strategy at the National Australia Bank.
moreHowever, while all of the above may provoke some immediate, binary trading reaction depending on how they go, the US Dollar is likely to keep running the AUD/USD table overall. And the Aussie remains stuck in a clear if gradual downtrend against its US ...
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