The price of iron ore, Australia’s largest commodity export, is showing signs it could be topping which does not bode well for the Australian dollar, which is highly correlated to the commodity.
August 30,2016
The GBP/AUD chart is showing a small potential head and shoulders pattern forming, most clearly visible on the one-hour chart, but also on the four hour.
August 27,2016
Fundamentals indicate more Australian dollar appreciation but technical are less bearish
August 23,2016
The pound to Australian dollar has recovered following the release of strong employment and retail sales data in the UK, improving the outlook for the British economy despite fears of a Brexit-induced slow-down.
August 19,2016
The AUD appears geared towards a period of decline - but the declines won't have the hand of the RBA behind it argues a leading industry analyst.
August 19,2016
Positive demand dynamics for Australian iron ore exports could be one explanation for the AUD’s continued strong performance.
August 17,2016
The sterling to Australian dollar rate has been in a consistent down-trend for weeks, however, with fundamentals changes on the horizon, some analysts are questioning whether this can continue.
August 16,2016
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