Australian Dollar (AUD)

The AUDUSD caught a bit of a bid yesterday on rumors that China might lift its ban on coal imports from Australia. This could have an important impact on the Australian currency. But, it could also not end up becoming effective, since this…
Read More

AUDUSD bounces back The Australian dollar struggled as the RBA slowed the pace of tightening with a mere 25bp hike. A previous break above 0.6500 flushed out some selling interests and gave the aussie a little breathing room. The price…
Read More

Inflation figures in Australia tend to have a somewhat outside impact. The country is somewhat unique in only reporting CPI changes once a quarter. Normally, when there isn't much fluctuation in inflation. That isn't much of a problem, but…
Read More

USDCHF seeks support The US dollar bounces higher fuelled by expectations of a supersized rate hike after record high inflation. A short-lived pullback has met solid buying interest over 0.9750. A pop back above the recent high at…
Read More

The last time the RBA met, there was a solid consensus that they would keep rates at a historic level of 0.10%. That was based on two main things. Firstly, the inflation data hadn't been released yet, and secondly, Australia was heading…
Read More

The AUDUSD has remained relatively flat the last couple of weeks, despite ongoing appreciation in the commodity prices. The Aussie hasn't been able to capitalize on the general inflation environment despite being a commodity currency. In…
Read More

China is experiencing an uptick in covid cases, so it's not surprising that this will have an impact on the economy. The question is, how much? This is particularly relevant for commodity currencies, like the AUD and NZD which rely on…
Read More

Over the last few sessions, the Aussie dollar has managed to gain some strength. Partially, that can be due to improved demand for exports. In turn, this means more demand for the currency. However, the major long-term driver for the…
Read More

Australia had something of a positive start to the week. Specifically, headlines have been speculating that the country has surpassed the peak of covid infections from the current omicron wave. The highest number of daily cases so far…
Read More

In the context of covid, the world's attention seems to be in Australia, specifically on tennis star Djokovic's inability to enter the country. Famously, Australia had managed to keep the virus from spreading locally for an extended…
Read More