Daily Insight
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Weaker PMIs Leave Australian Dollar Under Pressure Daily Insight
December 17 2018Australian Dollar Fails to Shake Off Easing PMIs As both December’s manufacturing and services PMIs showed an easing in growth on the month the … read more
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End to ECB Quantitative Easing Programme Fails to Boost Euro Daily Insight
December 14 2018Higher Consumer Inflation Expectations Support Australian Dollar Demand for the Australian Dollar picked up on the back of December’s consumer … read more
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US Dollar Stumbles as Odds of 2019 Fed Interest Rate Hike Fall Daily Insight
December 13 2018Australian Dollar Softens as Consumer Confidence Sees Minimal Uptick The Westpac consumer confidence index saw a slight uptick of just 01% on the … read more
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Brexit Uncertainty Dominates Pound Outlook in Spite of Improved UK Wage Growth Daily Insight
December 12 2018Softening Business Confidence Dents Australian Dollar As the NAB business confidence index continued to deteriorate in November this left AUD … read more
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Pound Exchange Rates Plunge as Parliamentary Vote on Brexit Postponed Daily Insight
December 11 2018Increased Lending Boosts Australian Dollar An unexpectedly sharp rebound in Australian home loans in October encouraged greater confidence in the … read more
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Canadian Dollar Soars on Surprise Unemployment Rate Drop Daily Insight
December 10 2018Australian Dollar Softens as Construction PMI Sinks Further into Contraction As the Australian construction sector slipped further into contraction … read more
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Weaker Australian Trade Balance Weighs Down Australian Dollar Daily Insight
December 7 2018Narrowed Trade Surplus Adds to Australian Dollar Bearishness A disappointingly sharp narrowing of the October trade surplus left AUD exchange rates … read more
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Australian Dollar Slides After Disappointing Slowdown in Third Quarter Growth Daily Insight
December 6 2018Disappointing Growth Data Pushes Australian Dollar Lower The third quarter Australian gross domestic product data fell short of expectations … read more
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Signs of RBA Optimism Not Enough to Boost Australian Dollar Daily Insight
December 5 2018RBA Optimism Encourages Limited Australian Dollar Demand Support for the Australian Dollar proved limited as the initial optimism over the … read more
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Australian Dollar Strengthens After US Agrees to Postpone Chinese Tariffs Daily Insight
December 4 2018Thaw in US-China Trade Tensions Supports Australian Dollar After the US agreed to postpone its proposed tariffs on Chinese imports for ninety days … read more