Tag: Aussie
Australian Crosses post CPI & GDP
The Australian Dollar outperformed its peers as momentum picked up, after the US Dollar exchange rate fell from recent highs. The GBPAUD pair reached...
FX News Today – Tech Giants Day!
Stock markets moved broadly higher after a positive close on Wall Street yesterday. Concern over volatility in retail trading has started to recede and...
RBA: What we shall focus on from the RBA’s meeting
The RBA's meeting is in focus ahead of Asia Session. No change is anticipated to the 0.25% rate setting. The Bank has expressed its...
Australia in recession
Australia in recession. Australia GDP contracted -0.3% q/q in the first quarter of the year, as the economy was hit by bushfires and the first...
AUDUSD rallied ahead of RBA
AUDUSD retraced all of Friday's losses in printing a high at 0.6075. The signs that lockdown measures are having an impact helped to stabilise...
US Dollar VS FED; Aussie returns 17-years’ gains
The US Dollar ignored the undershoot in US Retail sales, but also the stronger than expected industrial production and US JOLTS data, focusing on...
