Australian Dollar (AUD)

It's only the beginning of the week and despite the fact that there are only few key economic releases this week, yet, credit rating agencies decided to spice the things up at the beginning of the week. Earlier this morning Moody’s…
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AUDUSD Remains Weak Below 0.77 It looks like the Reserve Bank of Australia will not allow the Australian Dollar to add further gains anytime soon and may intervene on any gains. We were looking at the AUDUSD for the past three months…
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The week ahead is marked by a fresh trading week for the markets and with it comes a fresh set of economic data. Standing out among a host of economic releases will be the Fed's FOMC meeting minutes from the March meeting and the payrolls…
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Earlier this morning, the Reserve Bank of Australia decided to keep the current policy unchanged, including the Cash Rate which remained at a record low at 1.5% as widely expected. However, the statement showed a balanced tone, which kept…
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Economists divided on RBA’s policy decision this week Forecasts point to a 25bps rate cut, expected to bring down interest rate from 1.50% to 1.25% Latest quarterly inflation data shows a QoQ increase of 0.40% or an annualized…
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Australia’s credit rating put on ‘Negative’ watch list by Standard and Poors ratings agency. Germany’s industrial production contracts 1.30% in May UK’s industrial and manufacturing production fall less than expected In the US…
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The Reserve Bank of Australia is set to announce the interest rate decision on Tuesday at 0430 GMT. Interest rates are expected to stay unchanged at 1.75%. Economic data has been positive since the RBA cut rates by 25 basis points on May…
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The Reserve Bank of Australia cut its key interest rate by 25bps to 1.75% after leaving rates unchanged at 2.0% in over a year. Weak inflation data was cited as a reason behind the RBA's decision. The Reserve Bank of Australia lowered its…
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The US dollar saw another week of strong declines with the Fed leaving monetary policy unchanged and economic data from the US showing a weaker pace of growth in the first quarter, with the GDP rising 0.50%. Monthly economic data was also…
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The yen fell sharply this week and on Friday following news reports that the Bank of Japan was considering an ECB-style TLTRO option to introduce negative rates for bank lending. The news report from Bloomberg came out early Friday and the…
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