Insights

Non-Farm Payrolls Disappoint – but the USD holds up O.K

This week’s local data highlight will be tomorrow’s RBA announcement, we don’t expect any movements on interest rates, however the market will be looking for any attempted jawboning related... » Read more

Yellen triggers a recovery in the Greenback

The weekend’s Jackson Hole symposium resulted in a USD short squeeze as Janet Yellen’s comments suggested that an interest rate hike in 2016 remains on the table, and may... » Read more

AUD broadly took a step back through late trading last week…

The AUD broadly took a step back through late trading last week testing recent lows against the NZD and EUR. There is no significant data from Australia this week, and... » Read more

The AUD Ascent Slows

The AUD rallied initially on weak US data on Friday evening, however was sold off on risk aversion in late trade, opening this morning almost 100 points off the... » Read more

Friday’s US employment report was encouraging…

We still are relatively bullish the USD over the medium term, on the proviso that Donald Trump is kept out of the White House. Friday’s US employment report was encouraging... » Read more

The RBA Have Cut Interest Rates By 0.25% To 1.50%…

The RBA have cut interest rates by 0.25% to 1.50%. The AUD is marginally lower in response at 0.7511. Full Statement  At its meeting today, the Board decided to lower the... » Read more

USD hit a brick wall on Friday following the GDP miss…

The recent recovery in the USD hit a brick wall on Friday following the GDP miss and market disappointment in BoJ policy action. The USD Index found support around 95.20... » Read more

EUR is starting to look fairly sick…

The recent recovery in the USD is also being accompanied by a pullback in commodity prices, which is in turn applying pressure to the AUD.   The EUR is starting... » Read more

Hedge Accounting – when to start?

At Rochford, we recognise that building strong relationships is key to long-term success. We regularly meet with decision makers in the treasury industry to understand the challenges facing their... » Read more

Attempted Coup in Turkey resulted in demand for the Greenback

The attempted Coup in Turkey resulted in demand for the Greenback, and concerns that the Nice attacks will support Marianne Le Pen’s National Front election hopes to put pressure... » Read more

Recommended