AUD EUR Ends Week Near One-Month-Lows
Risk-aversion in markets prompted investors to sell the Australian Dollar last week, and a lack of strong Australian data gave investors little reason to buy it again. AUD EUR began...
Tagged: Exchange Rate
Australian Dollar Recovers Against Pound Following Bank of England (BoE) Meeting
The Australian Dollar’s recent rally ran out of steam this week and has been falling from its highs due to the cautious tone of the Reserve Bank of Australia (RBA)...
AUD GBP Hits 3-Week-High as Various Factors Support ‘Aussie’ Rally
The Australian Dollar has put in solid gains against the Pound this week, as both domestic and global factors push investors to buy up the risky ‘Aussie’. Sterling has been...
US Dollar to Australian Dollar Fluctuates on Lack of ‘Greenback’ Appeal
Despite low demand for risky currencies this week, the US Dollar has failed to capitalise against a weak Australian Dollar due to concerns about the US economic outlook and low...
AUD GBP Stabilises as May Meets with EU Leaders in Brussels
The Australian Dollar to Pound (AUD GBP) exchange rate remained relatively stable on Friday following an EU summit in Brussels. Pound (GBP) Steady as May Unveils Plan for Expats The...
Australian Dollar to US Dollar Exchange Rate Tumbles in Risk-Off Market
The Australian Dollar to US Dollar exchange rate has dropped back from its best levels since March this week as market risk-sentiment fades and the US Dollar benefits from slightly...
AUD USD Exchange Rate Fluctuates as Consumer Spending Improves
The Australian Dollar US Dollar (AUD USD) exchange rate rallied late on Tuesday as data showed that domestic household spending strengthened last month. Australian Dollar (AUD) Bolstered by Rising Consumer...
Australian Dollar Pound Exchange Rate Surges Higher as UK Polls Tighten
In the wake of the latest Reserve Bank of Australia (RBA) policy meeting the Australian Dollar was encouraged to trend higher against many of the majors. While the first quarter...
AUD USD Exchange Rate Benefits from Trump Jitters
The Australian Dollar to US Dollar exchange rate has been highly volatile this week, but looks to end the week above its opening levels due to persistent political jitters in...
Australian Dollar Pound Exchange Rate Dips Ahead of Labour Market Data
May’s Westpac consumer confidence index proved disappointing as sentiment weakened on the month, leaving the Australian Dollar on a softer footing. As Bill Evans, Chief Economist at Westpac, noted: ‘Evidence...
