Daily Insight
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Double PMI Contraction Fuels Australian Dollar Slump Daily Insight
February 24 2020Contracting Australian Activity Weakens Australian Dollar Both February’s manufacturing and services PMIs failed to impress ahead of the weekend, … read more
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Rising Unemployment Drags Australian Dollar Sharply Lower Daily Insight
February 21 2020Jump in Unemployment Pushes Australian Dollar Sharply Lower Investors were caught off guard as January’s Australian unemployment rate picked up … read more
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Rising UK Inflation Unable to Drive Pound Gains Daily Insight
February 20 2020Australian Dollar Softens Thanks to Muted Leading Index January’s Westpac leading index continued to paint an underwhelming picture of the … read more
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Australian Dollar Plummets as Markets Gripped by Coronavirus Panic Daily Insight
February 19 2020Australian Dollar (AUD) Retreats on Coronavirus Fears The Australian Dollar (AUD) initially weakened on Tuesday in response to some dovish minutes … read more
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Eleven-Year High in UK Household Confidence Unable to Boost Pound Daily Insight
February 18 2020Global Growth Fears Continue to Limit Australian Dollar Demand Lingering market anxiety over the Covid-19 outbreak and its likely impact on the … read more
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Stagnant German Growth Fuels Euro Weakness Daily Insight
February 17 2020Signs of Stabilising Covid-19 Infection Rate Boost Australian Dollar As global fears over Covid-19 showed renewed signs of easing the Australian … read more
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Pound Leaps After Shock Departure of UK Chancellor Daily Insight
February 14 2020Weaker Inflation Expectations Drag on Australian Dollar February’s consumer inflation expectations survey fell short of forecast, showing a sharp … read more
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Optimistic RBNZ Prompts New Zealand Dollar Surge Daily Insight
February 13 2020Signs of Slowing Infection Rate Lift Australian Dollar Evidence that the infection rate of the Wuhan coronavirus, officially known as Covid-19, had … read more
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Stagnant UK Growth Limits Pound Upside Daily Insight
February 12 2020Business Confidence Miss Unable to Prevent Australian Dollar Gains A weaker-than-expected NAB business confidence index was not enough to prevent … read more
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Euro Stumbles as Italian Industry Slides Deeper into Decline Daily Insight
February 11 2020Hopes of Chinese Economic Recovery Boost Australian Dollar Even though a significant degree of uncertainty continues to hang over the global growth … read more