Brief Summary:
Currency trading has been quiet and the AUD has drifted higher this week as the U.S. and U.K. were on holiday. Quietness may continue as Fran... Read More >
Brief Summary:
Iron ore prices fell sharply this week on fears of oversupply causing the AUD and local stock markets to fall. The AUD has fallen over 1.5% i... Read More >
Brief Summary:
The AUD climbed last night as Treasurer Joe Hockey delivered his first budget. The foreign exchange market liked it. Whilst the cuts and tax ... Read More >
Brief Summary:
The RBA keep rates on hold at 2.50% and will deliver its quarterly Monetary Policy Statement on Friday.
The U.S. delivers a fairly strong j... Read More >
Brief Summary:
The U.S. Federal Open Market Committee will hold its monetary policy meeting tomorrow morning and a continuation of tapering is expected.
F... Read More >
Brief Summary:
The trading week is shortened by Easter Monday and ANZAC day which will be observed in Australia and New Zealand on Friday.
Australian in... Read More >
Brief Summary:
Financial markets will be closed on Friday and Monday for Easter then Australia next Friday for ANZAC day. Reduced trading volumes may mean ... Read More >
Brief Summary:
The AUD rallies to its highest level since November 2013.
U.S. employment data supports the risk rally as alternative measures of the labou... Read More >
Brief Summary:
The AUD extended its rally touching 0.9300 yesterday after the Reserve Bank of Australia decided to hold rates steady at 2.50%.
Euro area i... Read More >
In years gone by, it was so often the way that emigrating Australians would choose the UK as their first port of call. However, things have changed of late, and... Read More >