Daily Insight

• Australian Dollar Rebounds from 10-Day Low Daily Insight

  June 13 2020

  Australian Dollar (AUD) Reverses Losses After Hitting 10-Day Low The Australian Dollar (AUD) rose higher at the end of the week as traders paused … read more

• Australian Dollar Nosedives as Fed Spooks Markets Daily Insight

  June 12 2020

  Australian Dollar (AUD) Slumps as Fed Spooks Markets The Australian Dollar (AUD) slumped on Thursday after Wednesday’s US Federal Reserve monetary … read more

• Australian Dollar Jumps as Confidence Returns to Pre-Covid 19 Levels Daily Insight

  June 11 2020

  Australian Dollar (AUD) Rallies as Consumer Confidence Recovers The Australian Dollar (AUD) made gains during yesterday’s session as data showed … read more

• Pound Stumbles as NIESR Points to -4.8% March GDP Contraction Daily Insight

  April 10 2020

  Signs of RBA Confidence Support Australian Dollar As the Reserve Bank of Australia (RBA) signalled confidence that the financial system will be able … read more

• Australian Dollar Pushes Higher in Defiance of Ratings Downgrade Daily Insight

  April 9 2020

  Australian Dollar Trends Higher Despite Credit Rating Downgrade Ratings agency S&P’s decision to downgrade the outlook on Australia’s AAA … read more

• Australian Dollar Bounces Back as RBA Remains on Hold Daily Insight

  April 8 2020

  Lack of RBA Action Supports Australian Dollar Gains Demand for the Australian Dollar picked up in the wake of the Reserve Bank of Australia’s … read more

• Australian Dollar Jumps 1% on Hopes of Covid-19 Stabilisation Daily Insight

  April 7 2020

  Easing Covid-19 Anxiety Buoys Australian Dollar The Australian Dollar started the week on a strong footing, driven sharply higher against many of … read more

• Record Low UK Services PMI Drives Pound Selling Daily Insight

  April 6 2020

  Retail Sales Uptick Unable to Lift Australian Dollar A positive month of retail sales in February was not enough to keep the Australian Dollar from … read more

• US Dollar Maintains Dominance despite 6.6 Million Increase in Jobless Claims Daily Insight

  April 3 2020

  Drop in Business Confidence Weighs on Australian Dollar The Australian Dollar continued its decline yesterday in the wake of a disappointing NAB … read more

• Australian Dollar Drops in Spite of RBA Ruling Out Negative Rates Daily Insight

  April 2 2020

  Australian Dollar Slides as RBA Shuns Negative Interest Rates Even though the Reserve Bank of Australia (RBA) ruled out the possibility of negative … read more