Daily Insight
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Hawkish Fed Comments Drive up USD Exchange Rates Daily Insight
January 9 2018Australian Dollar A sharp dip in the Australian construction PMI weighed heavily on AUD exchange rates at the start of the week Investors were not … read more
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Canadian Dollar Surged on Surprise Unemployment Rate Fall Daily Insight
January 8 2018Australian Dollar In a disappointing development the Australian trade balance fell significantly short of forecasts to show a deficit of -628 … read more
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Australian Dollar Loses Momentum in Spite of Uninspiring Fed Minutes Daily Insight
January 5 2018Australian Dollar Even though December’s Australian services PMI showed a modest improvement on the month this failed to particularly shore up AUD … read more
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Euro Exchange Rates Lack Momentum Despite Record Low German Unemployment Daily Insight
January 4 2018Australian Dollar While copper prices retreated from their highs overnight the Australian Dollar remained on bullish form Investors continued to … read more
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Pound Returns to Uptrend Despite Manufacturing PMI Disappointment Daily Insight
January 3 2018Australian Dollar Even though Australia’s December manufacturing PMI proved somewhat disappointing AUD exchange rates still found some support as … read more
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Canadian Dollar Surges on Bullish Retail Sales Data Daily Insight
December 22 2017Australian Dollar In the absence of fresh domestic data the Australian Dollar nevertheless returned to a generally stronger footing AUD exchange … read more
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Widening Trade Deficit Fuels New Zealand Dollar Slump Daily Insight
December 21 2017Australian Dollar A slight easing in the Westpac leading index for November saw the ‘Aussie’ falter As the indicator slipped from 014% to 010% … read more
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Euro Trends Higher in Spite of Faltering German Confidence Daily Insight
December 20 2017Australian Dollar Markets were generally encouraged by the tone of the Reserve Bank of Australia’s (RBA) December meeting minutes, which took a … read more
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Brexit Hopes Bolster GBP Exchange Rates Daily Insight
December 19 2017Australian Dollar The release of the Mid-Year Economic and Fiscal Outlook report encouraged investors to favour the Australian Dollar at the start … read more
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AUD, NZD Rise as Markets Prepare for FOMC Announcement Daily Insight
December 13 2017Australian Dollar Risk-appetite was on strong form yesterday, allowing the Australian Dollar to make bullish gains versus its peers Markets … read more