Daily Insight
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Australian Dollar Climbs in Defiance of RBA’s Call for Weaker Currency Daily Insight
September 16 2020Australian Dollar (AUD) Shakes off Dovish Note in RBA Minutes The Australian Dollar (AUD) returned to a stronger footing on Tuesday in defiance of … read more
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Pound Bounces Back as Opposition to Internal Market Bill Mounts Daily Insight
September 15 2020Australian Dollar (AUD) Muted as Risk Aversion Returns to Markets The Australian Dollar (AUD) failed to find much in the way of support at the start … read more
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US Dollar Trends Lower in Spite of Rising Inflation Daily Insight
September 12 2020Australian Dollar Shrugs off Covid-19 Worries In the absence of any significant data, the Australian Dollar was still able to push higher against … read more
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Euro Rallies as ECB Proves Less Dovish than Anticipated Daily Insight
September 11 2020Australian Dollar Benefits from Rivals’ Weakness Lingering anxiety over Covid-19 and the outlook of the global economy failed to put any … read more
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Australian Dollar Strengthens as Consumer Confidence Unexpectedly Rises Daily Insight
September 10 2020Australian Dollar Buoyed by Improved Consumer Confidence September’s Westpac consumer confidence index surprised to the upside, strengthening from … read more
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Pound Hits Multi-Week Lows Thanks to Deepening Brexit Turmoil Daily Insight
September 9 2020Australian Dollar Supported by Improved Business Confidence Index The NAB business confidence index bettered expectations in August, clocking in at … read more
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Rising Threat of Brexit Talks Collapsing Drives Pound Sell-off Daily Insight
September 8 2020Stronger Chinese Trade Figures Fail to Boost Australian Dollar A better-than-expected performance from August’s Chinese trade data was not enough … read more
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US Dollar Rallies Higher as Unemployment Rate Dip Beats Expectations Daily Insight
September 5 2020Solid Retail Sales Offer Support to Australian Dollar A slight miss from July’s retail sales data failed to put much of a dampener on the … read more
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4% Drop in Exports Fuels Australian Dollar Selling Daily Insight
September 4 2020Australian Dollar Stumbles as Export Volumes Contract Confidence in the health of the Australian economy took a fresh blow as July’s export … read more
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Australian Dollar Falls as Australia Enters First Recession in 29 Years Daily Insight
September 3 2020Sharp Quarterly Growth Contraction Fuels Australian Dollar Selling The Australian Dollar suffered losses after the second quarter Australian GDP … read more