Daily Insight
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Australian Dollar Slumps amid Risk-Off Market Mood Daily Insight
January 28 2021Australian Dollar (AUD) Trends Lower amid Risk-Off Trade The Australian Dollar (AUD) slumped yesterday as a risk-off tone swept markets ahead of the … read more
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Australian Dollar Edges Higher on Optimistic IMF Forecasts Daily Insight
January 27 2021Australian Dollar (AUD) Positive Thanks to IMF’s Positive Outlook The Australian Dollar (AUD) held onto a largely positive footing against its … read more
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Australian Dollar Stumbles as Retail Sales Show -4.2% Decline Daily Insight
January 25 2021Australian Dollar (AUD) Weighed Down by Weaker Retail Sales The Australian Dollar (AUD) came under pressure as December’s retail sales data proved … read more
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Pound Rallies in Spite of Plunge in UK Business Optimism Daily Insight
January 22 2021Australian Dollar (AUD) Struggles to Capitalise on Lower Unemployment Rate The Australian Dollar (AUD) saw some limited gains in the wake of a … read more
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Pound Bolstered as UK Inflation Beats Forecast Daily Insight
January 21 2021Australian Dollar (AUD) Shakes Off Disappointing Consumer Confidence Index The Australian Dollar (AUD) found renewed support yesterday even as … read more
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Surprise Surge in New Home Sales Benefits Australian Dollar Daily Insight
January 20 2021Australian Dollar (AUD) Gains Boost from Surge in Home Sales The Australian Dollar (AUD) benefitted from a sharp surge in the HIA new home sales … read more
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Pound Under Pressure as UK Heads for Double-Dip Recession Daily Insight
January 18 2021Australian Dollar (AUD) Shaken by Doubts over US Fiscal Stimulus The Australian Dollar (AUD) fell out of favour ahead of the weekend as the general … read more
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US Dollar Weighed Down as Initial Jobless Claims Surge Again Daily Insight
January 15 2021Australian Dollar (AUD) Gains Thanks to Chinese Trade Improvement The Australian Dollar (AUD) benefitted from a surprise widening of December’s … read more
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Australian Dollar Retreats amid US Dollar Rally Daily Insight
January 14 2021Australian Dollar (AUD) Undermined by USD Strength After largely holding its ground through Wednesday’s trading session, the Australian Dollar … read more
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Australian Dollar Strengthens amid Wider Market Rally Daily Insight
January 13 2021Australian Dollar (AUD) Firms amid Market Rebound The Australian Dollar (AUD) pared its losses on Tuesday as the risk-sensitive currency benefitted … read more