Daily Insight
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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
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Surprise Eurozone Deflation Pushes Euro Down Across the Board Daily Insight
September 2 2020Lack of RBA Action Not Enough to Spur Australian Dollar Gains The Reserve Bank of Australia’s (RBA) decision to leave interest rates on hold at … read more
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‘Aussie’ Boosted as New Coronavirus Cases Fall Daily Insight
August 29 2020Australian Dollar (AUD) Boosted as Victoria Covid-19 Cases Expected to Fall to Double-Digits The Australian Dollar (AUD) made gains at the end of … read more
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Dire Business Investment Sends the Australian Dollar Lower Daily Insight
August 28 2020Australian Dollar (AUD) Slides as Business Investment Tumbles The Australian Dollar (AUD) was able to make gains against the Euro but slumped … read more