Daily Insight
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Increasingly Dovish Fed Weighs on US Dollar Demand Daily Insight
July 11 2019Drop in Consumer Confidence Drags on Australian Dollar Fresh disappointment greeted July’s Westpac consumer confidence index as it declined -41% … read more
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Pound Slides as Johnson Reiterates No-Deal Brexit Pledge Daily Insight
July 10 2019Business Confidence Fall Pushes Australian Dollar Down As the NAB business confidence index dropped from 7 to 2 in June this left investors with … read more
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Euro Slips as Signs Continue to Point Towards German Slowdown Daily Insight
July 9 2019Australian Dollar Struggles for Direction The Australian Dollar started the week on a softer footing, lacking the support of any fresh domestic data … read more
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Pound Stumbles as UK Productivity Remains in Decline Daily Insight
July 8 2019Construction PMI Improve Offers Australian Dollar Support June’s Australian construction PMI offered some encouragement to AUD exchange rates … read more
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Euro Stumbles as German Economic Weakness Continues Daily Insight
July 5 2019Retail Sales Uptick Not Enough to Boost Australian Dollar While May’s Australian retail sales bounced back from the previous month’s contraction … read more
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Weak Trio of UK PMIs Weigh Heavily on Pound Daily Insight
July 4 2019Export Uptick Benefits Australian Dollar As May’s Australian trade surplus widened further than forecast, shaking off global trade anxiety, this … read more
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RBA Interest Rate Cut Fails to Limit Australian Dollar Strength Daily Insight
July 3 2019Australian Dollar Rebounds After RBA Interest Rate Cut There was little surprise as the Reserve Bank of Australia (RBA) opted to cut interest rates … read more
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Weak UK Manufacturing Growth Drags Pound Lower Daily Insight
July 2 2019Surprise Australian Manufacturing Contraction Drives AUD Losses An unexpectedly weak Australian manufacturing PMI left AUD exchange rates under … read more
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Pound Bounces Back from UK Consumer Confidence Slide Daily Insight
July 1 2019Easing Private Sector Credit Weighs on Australian Outlook The Australian economy continued to show signs of weakness ahead of the weekend as May’s … read more
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Steady RBNZ Policy Shores up New Zealand Dollar Daily Insight
June 27 2019Hopes of G20 Breakthrough Support Australian Dollar As anticipation mounted ahead of the G20 summit the Australian Dollar found support, even as … read more