Daily Insight
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AUD Sinks on Low Risk Appetite, but NZD Soars on Rail Windfall Daily Insight
November 28 2017Australian Dollar It was an incredibly quiet day yesterday in terms of global economic data, which boded ill for the Australian Dollar Risk-aversion … read more
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Outperforming Eurozone PMIs Restore Euro’s Bullish Run Daily Insight
November 24 2017Australian Dollar Even in the absence of fresh domestic data AUD exchange rates were able to hold onto some gains, largely due to the weakness of a … read more
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Pound Fluctuates After OBR Significantly Lowers UK Economic Forecasts Daily Insight
November 23 2017Australian Dollar The Westpac leading index showed a slight dip in October, falling from 014% to 013% as the domestic economy continues to struggle … read more
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RBA Minutes Fail to Dent Australian Dollar Demand Daily Insight
November 22 2017Australian Dollar Although the Reserve Bank of Australia (RBA) signalled continued concern over the sluggish state of domestic wage growth this … read more
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Doubts Over Merkel’s Future Prompt EUR Exchange Rate Slump Daily Insight
November 21 2017Australian Dollar Confidence in the ‘Aussie’ remained decidedly lacking at the start of the week, with investors still taking a rather bearish … read more
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Bullish Housebuilding Data Reverses US Dollar Losses Daily Insight
November 20 2017Australian Dollar October’s mixed labour market data continued to weigh on the Australian Dollar ahead of the weekend, with investors still … read more
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Euro Exchange Rates Knocked Off Bullish Run by Lower Inflation Daily Insight
November 17 2017Australian Dollar Encouragingly, the Australian unemployment rate showed a surprise dip from 55% to 54% in October This offered the Australian … read more
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Lacklustre Wage Growth Put Australian Dollar Under Pressure Daily Insight
November 16 2017Australian Dollar The mood towards the ‘Aussie’ soured sharply on Wednesday as the third quarter wage price index failed to pick up as forecast … read more
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Sterling Slumps Under Growing Tory Dissent Daily Insight
November 14 2017Australian Dollar Lingering disappointment over the Reserve Bank of Australia’s (RBA) downgraded forecasts kept the ‘Aussie’ under pressure on … read more
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RBA Cuts Forecasts to Prompt AUD Slump Daily Insight
November 13 2017Australian Dollar Markets were not impressed by the Reserve Bank of Australia’s (RBA) decision to lower its economic forecasts in its latest … read more