The Australian Dollar was dented further as local construction data missed expectations while sentiment deteriorated. A speech from RBA’s Governor Philip Lowe could hurt AUD more.
Even though they are both anti-risk currencies, the Swiss Franc outpaced the Japanese Yen as Italy fears dented the Euro. The Australian Dollar may fall on RBA’s Lowe speech later on.
The Aussie whipped in Asia trading following mixed Chinese data, but the AUD/USD pair remains near 0.7525 as AUD bulls continue to sputter. China’s data figures for Tuesday came in mixed, with Retail Sales missing […]
The Reserve Bank is confident Australia will meet, and possibly exceed, the economic forecasts in the Federal Government’s latest budget, but warns there are overseas risks to the outlook. The bank’s deputy governor, Guy Debelle, […]
The Australian Dollar seemed to be influenced more by risk trends then RBA monetary policy implications on a set of Chinese retail sales, industrial production and a jobless rate. This was not much of a […]
With the RBA meeting minutes and Chinese retail sales/industrial production data now behind us, the Australian Dollar looks to risk trends and ongoing trade talks between the two largest economies.
For a central bank that needs faster wage growth to help achieve its policy objectives, the Reserve Bank of Australia (RBA) doesn’t sound all that confident it will happen. That was clear to see in […]
The Australian Dollar looks to incoming RBA meeting minutes and China industrial production. Meanwhile, the US Dollar put in an advance towards the end of Monday’s session.
The AUD/USD finished last week more or less where it started, dipping into 0.7412 before recovering to the 0.7540 region, but upward mobility for the AUD remains limited. The Aussie has so far been unable […]
The Australian Dollar got a little nudge higher as the RBA reminded markets that higher rates have merely been postponed, in all probability, not ruled out