Westpac bank call on the EUR/AUD

It has been a good month-to-date for the Euro which currently holds the crown of the second-best performing currency in the G10 complex.

May 3,2017

australian dollar generic 2

The Australian Dollar changed little after the Reserve Bank of Australia (RBA) rate meeting but it did mark a highpoint for the currency from which it spent the rest of the day falling.

May 2,2017

aus dollar british pound rate

Price growth extends and we see no reason to suspect it will not continue as there are no bearish indicators on the chart.

May 1,2017

Australian Dollar trade in May

Analysts are anticipating the Australian Dollar’s poor run to extend into the month of May based on current momentum, market positioning and seasonal factors.

April 28,2017

Australian Dollar exchange rates

The British Pound is tipped to extend its ongoing advance against the Australian Dollar by  a noted foreign exchange technical analyst.

April 27,2017

australian dollar sydney 1

The Australian Dollar lost over 0.80% versus the US Dollar after the release of inflation data showed price growth undershot analyst’s expectations in Q1.

April 26,2017

Trader exchange rates

“Sterling’s recent rally has supported a total gain of about 6% in our long GBPAUD trade since we initiated on 23 March,” says Hamish Pepper at Barclays.

April 25,2017

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