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 >
Brief Summary:
Risk sentiment returned to markets as diplomatic sanctions against Russian and Crimean officials were revealed. The carefully imposed sancti... Read More >