The British pound (GBP) has caught a break against the Australian dollar (AUD) which was hit hard by disappointing employment figures released in Australia on Thursday.
August 8,2014
Above: The RBA delivered a predictably dovish assessment on the economy following its August meeting which failed to boost the AUD.
Are you holding out for better Australian dollar exchange rates? The Thursday release of the worst employment figures since 2002 suggests those hoping for a better exchange rate are out of luck.
August 7,2014
The exchange rate team at TD Securities have updated their technical calls for the Australian dollar (AUD) vs the British pound (GBP), Euro (EUR) and US dollar (USD).
August 6,2014
The Australian dollar (AUD) continues to look the firmer of the two antipodean currencies with the theme of New Zealand dollar (NZD) weakness forecast to play out further yet still.
The USD meanwhile retains some of its best levels of exchange against a basket of major currencies as the US economy continues to improve which acts to further suppress the commodity currency family of which the AUD, NZD, ZAR and CAD are part.
August 1,2014
An exchange rate forecast briefing issued by Canada's Scotiabank warns that both the Aus dollar (AUD) and Canadian dollar (CAD) exchange rates are at increased risk of declining.
July 17,2014
The Aust dollar (AUD) remains one of the week's under-performers on the global foreign exchange rate markets as authorities in Australia express further concern over the strength of the currency.
July 4,2014
The Australian dollar (AUD) exchange rate is forecast to trade lower as a recent rally runs into strong resistance levels and economic data points start to move against the currency.
The AUD has weakened following worse than expected trade data which suggests the strong AUD could be hurting the domestic economy.
July 3,2014
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