Daily Insight

• Pound Stumbles as NIESR Points to -4.8% March GDP Contraction Daily Insight

  April 10 2020

  Signs of RBA Confidence Support Australian Dollar As the Reserve Bank of Australia (RBA) signalled confidence that the financial system will be able … read more

• Australian Dollar Pushes Higher in Defiance of Ratings Downgrade Daily Insight

  April 9 2020

  Australian Dollar Trends Higher Despite Credit Rating Downgrade Ratings agency S&P’s decision to downgrade the outlook on Australia’s AAA … read more

• Australian Dollar Bounces Back as RBA Remains on Hold Daily Insight

  April 8 2020

  Lack of RBA Action Supports Australian Dollar Gains Demand for the Australian Dollar picked up in the wake of the Reserve Bank of Australia’s … read more

• Australian Dollar Jumps 1% on Hopes of Covid-19 Stabilisation Daily Insight

  April 7 2020

  Easing Covid-19 Anxiety Buoys Australian Dollar The Australian Dollar started the week on a strong footing, driven sharply higher against many of … read more

• Record Low UK Services PMI Drives Pound Selling Daily Insight

  April 6 2020

  Retail Sales Uptick Unable to Lift Australian Dollar A positive month of retail sales in February was not enough to keep the Australian Dollar from … read more

• US Dollar Maintains Dominance despite 6.6 Million Increase in Jobless Claims Daily Insight

  April 3 2020

  Drop in Business Confidence Weighs on Australian Dollar The Australian Dollar continued its decline yesterday in the wake of a disappointing NAB … read more

• Australian Dollar Drops in Spite of RBA Ruling Out Negative Rates Daily Insight

  April 2 2020

  Australian Dollar Slides as RBA Shuns Negative Interest Rates Even though the Reserve Bank of Australia (RBA) ruled out the possibility of negative … read more

• Chinese PMI Rebound Unable to Lift Australian Dollar Demand Daily Insight

  April 1 2020

  Recovering Chinese PMIs Unable to Boost Australian Dollar An unexpectedly sharp rebound in March’s Chinese manufacturing and services PMI was not … read more

• Australian Dollar Weakens After Chinese Interest Rate Cut Daily Insight

  March 31 2020

  Chinese Interest Rate Cut Fails to Benefit Australian Dollar After the People’s Bank of China (PBOC) opted to cut interest rates at the start of … read more

• Record Slump in Chinese Factory Profits Drags Down Australian Dollar Daily Insight

  March 30 2020

  Slump in Chinese Factory Profits Fuels Australian Dollar Selling As Chinese factory profits saw their largest fall on record in the first two months … read more