Daily Insight
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Pound Struggles despite Drop in UK Unemployment Rate Daily Insight
April 21 2021Australian Dollar (AUD) Muted as RBA Minutes Prove Dovish The Australian Dollar (AUD) remained relatively muted in the wake of the release of the … read more
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Australian Dollar Rallies as New Home Sales Jump 90% Daily Insight
April 20 2021Australian Dollar (AUD) Supported as Home Sales Surge The Australian Dollar (AUD) benefitted from an unexpectedly strong 90% surge in March’s HIA … read more
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Australian Dollar Firms as Consumer Confidence Soars to 10-Year High Daily Insight
April 15 2021Australian Dollar (AUD) Firms as Consumer Confidence Soars The Australian Dollar (AUD) strengthened on Tuesday, with the appeal of the ‘Aussie’ … read more
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Australian Dollar Dented by Disappointing NAB Business Confidence Index Daily Insight
April 14 2021Australian Dollar (AUD) Slips on Underwhelming Business Confidence Index The Australian Dollar (AUD) softened in response to a disappointing showing … read more
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Pound Recovers Ground as Non-Essential UK Retail Reopens Daily Insight
April 13 2021Australian Dollar (AUD) Weakens on Covid-19 Infection Worries The Australian Dollar (AUD) remained on a weaker footing against its rivals at the … read more
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Euro Slides on Surprise German Industrial Production Slump Daily Insight
April 10 2021Australian Dollar (AUD) Demand Limited as Risk Appetite Fades The Australian Dollar (AUD) failed to benefit from confirmation that building permits … read more
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Pound Pressured in Spite of UK Construction Surge Daily Insight
April 9 2021Australian Dollar (AUD) Shored Up by Market Risk Appetite The Australian Dollar (AUD) benefitted from a wide turnaround in market risk appetite, … read more
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Australian Dollar Struggles despite Strong Services PMI Daily Insight
April 8 2021Australian Dollar (AUD) Lacks Appeal even as Services PMI Remains Strong The Australian Dollar (AUD) stumbled as the finalised services PMI showed a … read more
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Pound Drops Sharply as Economic Optimism Encourages Profit Taking Daily Insight
April 7 2021Australian Dollar (AUD) Unable to Capitalise on RBA Optimism The Australian Dollar (AUD) failed to benefit from signs of increased economic optimism … read more
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US Dollar Lacks Traction Ahead of Non-Farm Payrolls Report Daily Insight
April 2 2021Australian Dollar (AUD) Dragged Lower as Trade Surplus Narrows The Australian Dollar (AUD) faltered during Thursday’s European session as … read more