Daily Insight
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Improved UK Services PMI Fuels Pound Rally Daily Insight
January 7 2020Australian Dollar Slumps Thanks to PMI Contraction Another round of contraction from the latest Australian PMIs put additional weight on the … read more
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Spike in US-Iran Tensions Dents Australian Dollar Demand Daily Insight
January 6 2020Heightened US-Iran Tensions Push Down Australian Dollar Risk appetite collapsed as news broke that a US airstrike had killed key Iranian general … read more
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UK Manufacturing Contraction Fuels Pound Selling Daily Insight
January 3 2020Australian Dollar Falters after US-China Trade Deal Optimism Proves Short-Lived As the US announced the date for the signing of its phase one trade … read more
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Australian Dollar Closes 2019 on a High as Markets Go Risk-On Daily Insight
January 2 2020Australian Dollar (AUD) Supported by Risk-On Trade The Australian Dollar (AUD) firmed through Tuesday’s session, finding support amid a risk-on … read more
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US Dollar Fails to Capitalise on Surprise Trade Improvement Daily Insight
December 31 2019Bets on US-China Trade Deal Signing Boost Australian Dollar With markets still confident that the signing of a phase one US-China trade agreement is … read more
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US-China Trade Optimism Benefits Australian Dollar Daily Insight
December 28 2019Better-Than-Expected Chinese Data Shores up Australian Dollar A smaller-than-expected contraction in November’s Chinese industrial profits figure … read more
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Further Euro Downside Likely Thanks to ECB Economic Bulletin Daily Insight
December 25 2019Stronger Chinese Growth Forecast to Support Australian Dollar Hopes of a sustained recovery in global trade offered the Australian Dollar support, … read more
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Chinese Import Tariff Cut Prompts Australian Dollar Bounce Daily Insight
December 24 2019Chinese Tariff Cuts Prompt Australian Dollar Jump Demand for the Australian Dollar picked up in response to the news that China will slash its … read more
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BoE’s Dovish Policy Tilt Pushes Pound to Fresh Monthly Lows Daily Insight
December 20 2019Surprise Unemployment Rate Improvement Boosts Australian Dollar AUD exchange rates pushed higher across the board yesterday after a surprise … read more
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Australian Dollar Bounces Back Ahead of Unemployment Rate Daily Insight
December 19 2019Better-Than-Expected Leading Index Limits Australian Dollar Downside A slight improvement in the latest Westpac leading index helped to give the … read more