Fundamental Australian Dollar Forecast: Bullish The prognosis of lower US rates continues to support the Greenback The Aussie has props of its own, not least in ongoing labor market strength… Read more »
An Australian couple lost AUD $900,000 after “investing” in an elaborate cryptocurrency scam. Mike Taylor, 70, and his wife Karen told local station 7News that the losses represented the couple’s… Read more »
The has been very bullish over the last couple of weeks. Yes, we have had a couple of pullbacks but every time the seller show up, the buyers come in… Read more »
The data (and more) from Australia is here: Scanning some more responses. In summary from the reports: Westpac: An expected soft update robust trend in participation is making it very… Read more »
The headline data (the seasonally adjusted) is here, its what the market is immediately focused on: The ‘trend’ data is a better guide than the seasonally adjusted date (and I’ll… Read more »
AUDUSD IMPLIED VOLATILITY RISES AHEAD OF AUSSIE JOBS DATA AUDUSD overnight implied volatility soars from 5.64 percent to 8.66 percent ahead of the Australia jobs report slated for Thursday at… Read more »
The Australian Dollar is testing a major resistance confluence for the fourth consecutive week and the focus is on a reaction off this key pivot zone. These are the updated… Read more »
By Tom Westbrook SYDNEY (Reuters) – The Australian dollar reached a 10-day high on Monday on stronger-than-expected economic data from China, which some analysts saw as signaling that moves to… Read more »
A report on the RBA and Australia from Deloitte Access Economics latest business outlook. This via the Australian Financial Review.. RBA rate cuts in June and July are not because the bank… Read more »
Fundamental Australian Dollar Forecast: Neutral AUD/USD gained on a more dovish Fed, but its own low interest rates still weigh on it There are signs that those back to back… Read more »