Insights

The currency market was rather indifferent to Joe Hockey’s…The Inside Track

The currency market was rather indifferent to Joe Hockey’s second budget and the AUD was largely unaffected. » Read more

Aussie Joins Kiwi in Rally Big Enough to Make Central Banks Weep

Bloomberg - The Australian and New Zealand dollars strengthened for a third day, defying efforts by policy makers to keep the currencies down. The Aussie touched a four-month high and... » Read more

Australian dollar to hold its ground until the Fed increases rates

AFR - The Australian dollar hovered around the US79¢ mark on Monday, continuing to trade above the levels recorded before last week's rate cut by the Reserve Bank of Australia, as global... » Read more

The AUD continues to be enjoying a renaissance, as commodity markets recover…The Inside Track

The AUD continues to be enjoying a renaissance, as commodity markets recover, domestic data proves resilient, and relative monetary policy expectations shift. » Read more

Dollar Gains for Second Day Versus Euro Before U.S. Jobs Report

Bloomberg - The dollar strengthened for a second day against the euro on Friday before a U.S. report that, according to economists, will show a pick-up in the jobs... » Read more

Dollar Tantrum Screams Louder as Goldman Sachs Says Time to Buy

Bloomberg - Goldman Sachs Group Inc. said the dollar’s steepest tumble since 2011 won’t last and investors can profit if they buy it now as U.S. growth will pick... » Read more

Asian Bonds Extend Global Rout as Stocks Drop With Copper, Kiwi – Thomas Averill

Bloomberg - Asian bonds fell, extending a selloff that’s erased $340 billion in value globally, and shares retreated with industrial metals. Oil traded above $60 a barrel, while New... » Read more

The RBA has lowered interest rates

The RBA has lowered interest rates by 0.25% to 2.00% as widely anticipated by the market. The AUD initially spiked lower, but is currently hovering around 0.7820.    Statement by Glenn Stevens,... » Read more

The market and 24 of the 28 economists polled…The Inside Track

The market and 24 of the 28 economists polled by Bloomberg are calling for a cut by the RBA tomorrow and this is applying pressure to the AUD as... » Read more

April Jinx Bringing Cruelest Month for Dollar Before Fed Meeting – Thomas Averill

Bloomberg - The dollar’s best start to a year in at least a decade is unwinding. The currency is heading for a fifth-straight April of declines, spurred by speculation... » Read more

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