australian dollar exchange rates 2

The RBA's downbeat assessment of Australian inflation prospects has dampened interest rate expectations and is weighing on the Australian Dollar.

November 10,2017

The AUD is 8% undervalued according to UBS estimates and, in 2018, supportive financial and global economic conditions should help to close some of this gap.

November 10,2017

exchange rate forecasts 2

Iron ore appears to be a key suspect in the Australian Dollar's underperformance and iron market dynamics in China don't appear to suggest a pick-up in prices is imminent.

November 8,2017

Friday's monetary policy review could see the RBA nudge its growth and inflation forecasts lower, effectively  kicking the interest rate can down the road and into another quarter. 

November 7,2017

australian dollar exchange rates 6

GBP/AUD is at risk of rising this week as the Australian Central Bank is likely to issue a dismal assessment at its meeting on Tuesday given recent poor data and technical studies remain marginally bullish.

November 6,2017

Friday’s downbeat Australian retail numbers contrast with the news-flow from the UK which, being positive, has helped place a floor beneath the Pound following its Bank of England induced sell off Thursday.

November 3,2017

Markets were priced for a further two hikes in 2018 and, barring a shift in expectations of the month that those hikes are delivered, expectations going into the announcement were firmly on the money.

November 2,2017

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