Daily Insight
-
Australian Dollar Defies Trade Balance Deterioration as Fed Rate Cut Odds Rise Daily Insight
October 4 2019Australian Dollar Gains Ground in Spite of Narrowed Trade Surplus While August’s trade surplus narrowed further than forecast, clocking in at 59 … read more
-
Pound Weakens as Johnson’s Irish Border Plans Face Rejection Daily Insight
October 3 2019Odds of Further RBA Action Weigh Down Australian Dollar Support for the Australian Dollar remained limited on Wednesday as markets continued to … read more
-
Australian Dollar Slumps as Interest Rates Hit Record Low Daily Insight
October 2 2019RBA Interest Rate Cut Drives Australian Dollar Sell off As the Reserve Bank of Australia (RBA) delivered on recent hints and cut interest rates to a … read more
-
Probable RBA Rate Cut Expected to Undermine AUD Exchange Rates Daily Insight
October 1 2019Australian Dollar Stumbles, RBA in Focus The Australian Dollar (AUD) opened this week’s session on the defensive, being driven lower by market … read more
-
Imminent RBA Rate Cut Fuels Australian Dollar Decline Daily Insight
September 25 2019Australian Dollar Slides as RBA Signals Intent to Cut Interest Rates Support for the Australian Dollar diminished in the wake of the latest … read more
-
Worsening German Manufacturing Decline Drags Down Euro Daily Insight
September 24 2019Service Sector Resurgence Buoys Australian Dollar A surprise return to positive territory for September’s services PMI helped to lift demand for … read more
-
Euro Slumps as Signs Point Towards Weakening Eurozone Inflation Daily Insight
September 23 2019Rising Odds of RBA Action Drag on Australian Dollar With markets seeing an increasing risk of Reserve Bank of Australia (RBA) action in the wake of … read more
-
Pound Softens as BoE Shows Increasing Caution over Brexit Daily Insight
September 20 2019Rising Unemployment Drags on Australian Dollar Although forecasts had pointed towards August’s unemployment rate picking up from 52% to 53% this … read more
-
Australian Dollar Slides as RBA Minutes Raise Rate Cut Odds Daily Insight
September 18 2019Dovish RBA Minutes Drive Australian Dollar Lower Support for the Australian Dollar proved limited as the Reserve Bank of Australia’s (RBA) … read more
-
Largest-Ever Oil Price Surge Boosts Canadian Dollar Daily Insight
September 17 2019Australian Dollar Falters as Chinese Industrial Slowdown Continues An unexpected weakening in August’s Chinese industrial production and retail … read more