Daily Insight
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Australian Dollar Strengthens as RBA Remains Optimistic Daily Insight
May 8 2019Signs of RBA Optimism Boost Australian Dollar The mood towards the Australian Dollar picked up significantly in the wake of the Reserve Bank of … read more
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US Dollar Slides in spite of Surprise Fall in Unemployment AUD to USD Daily Insight
May 6 2019Improved Services PMI Supports Australian Dollar April’s Australian services PMI showed a moderate improvement on the month, picking up from 448 … read more
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BoE Fails to Shore up Pound with Interest Rate Warning Daily Insight
May 3 2019Neutral Fed Limits Australian Dollar Appeal As the Federal Reserve maintained a determinedly neutral policy stance at its May meeting this limited … read more
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Pound Strengthens on Hopes of Brexit Breakthrough AUD to GBP Daily Insight
May 2 2019Australian Dollar Softens in spite of Manufacturing Improvement A solid uptick in the Australian manufacturing PMI was not enough to shore up the … read more
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Pound Loses Ground Even as UK Retail Sales Surge Daily Insight
April 23 2019Rising Unemployment Limits Australian Dollar Appeal As the unemployment rate picked up from 49% to 50% in March the Australian Dollar was left on a … read more
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Australian Dollar Gains Ground on Steady Chinese GDP Daily Insight
April 18 2019Economic Optimism Pushes Australian Dollar Higher March’s Westpac leading index offered AUD exchange rates a boost yesterday, with the index’s … read more
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Increasing Signs of RBA Dovishness Drag Australian Dollar Down Daily Insight
April 17 2019Increasingly Dovish RBA Puts Pressure on Australian Dollar As April’s Reserve Bank of Australia (RBA) meeting minutes tilted further into dovish … read more
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Hopes of US-China Trade Progress Fail to Sustain Australian Dollar Daily Insight
April 16 2019Hopes of US-China Trade Progress Offer Limited Australian Dollar Support Reports that the US could drop its demand for China to end industrial … read more
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Australian Dollar Pushes Higher as Chinese Trade Surplus Swells Daily Insight
April 15 2019Widened Chinese Trade Surplus Benefits Australian Dollar An unexpectedly sharp widening of the Chinese trade surplus encouraged the Australian … read more
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Bullish Jobless Claims Data Boosts US Dollar Daily Insight
April 12 2019Weaker Inflation Expectations Dent Australian Dollar The mood towards the Australian Dollar soured yesterday as April’s consumer inflation … read more