The Aus dollar (AUD) backed down from yesterday’s highs after the Commonwealth Bank of Australia cut its forecast for the currency.
March 10,2014
It's been a long while since we have seen the Australian dollar so emphatically outperforming the New Zealand dollar against the British pound, but that is just the case at present.
March 10,2014
The Australian dollar (AUD) is higher on the exchange rate markets today; but as with much of the forex market at present the forecast for the Aus dollar is murky.
March 10,2014
News of the potential default of a large Chinese trust product, which circulated through branches of China’s biggest bank, has added to worries regarding the Chinese economy and its shadow banking system.
March 10,2014
The outlook for the Australian dollar (AUD) remains poor with two days of heavy losses continuing to take a heavy toll on the currency's technical guidance.
March 10,2014
Australian dollar exchange rates (AUD) have surged higher on Wednesday after markets were caught with their pants down over an inflation release. Inflation is running a lot higher than previously expected in Australia at 0.8% per quarter.
March 10,2014
Australian dollar exchange rates (AUD) are today under pressure once more and a roundup of the latest Aus dollar forecasts suggests the currency will likely come under further pressure.
March 10,2014
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