Australian dollar news

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Shrugs Off Conservative Leadership Challenge With 158 Conservative MPs reportedly prepared to support Theresa May in the no confidence vote on Wednesday evening the Pound Sterling to Australian Dollar (GBP/AUD) exchange rate found fresh support. Investors were... [...]

Euro to Australian Dollar Exchange Rate Rebounds from Weekly Lows despite US-China Trade Hopes Euro to Australian Dollar Exchange Rate Climbs on Stronger Eurozone Data The Euro to Australian Dollar (EUR/AUD) exchange rate has spent recent sessions tumbling on weak Eurozone data and higher risk-sentiment. However, on Wednesday the pair rebounded slightly and its gains were bolstered by the latest E…

Get the AUD/USD Forex signal for December 12, 2018 here.

The US dollar initially dipped lower during the day on Tuesday, but then turned around to rally again.

Improving US China trade news boosted European equities and the S&P 500 gapped higher. But momentum fell apart as Fed rate hike bets rose as a consequence. AUD/USD climb at risk.

After sustaining significant losses on Monday the Pound Sterling to Australian Dollar (GBP/AUD) exchange rate staged a modest recovery once the initial bout of Brexit jitters eased. Theresa May’s decision to postpone the parliamentary vote on Brexit in order to return to Brussels for further discussions with EU leaders still left the... [...]

Get the AUD/USD Forex signal for December 11, 2018 here.

The US dollar initially fell during the trading session on Monday but bounced from a major trendline that I have been following, breaking to the upside and above the ¥113 level.

The British Pound tumbled on the latest Brexit news, Wall Street rallied with tech shares. Asia Pacific stocks may pause losses as Australian Dollar is at risk to business confidence.

AUD/USD may continue to give back the advance from the 2018-low (0.7021) as the exchange rate extends the series of lower highs from the beginning of the month.

Get the AUD/USD Forex signal for December 10, 2018 here.

The US dollar bounced around against the Japanese yen during Friday’s trading session, but after the jobs number came out it seems as if most traders simply went home.

Data prints coming out of China, Australia’s largest trading partner, may shake up AUD/USD as the region faces its slowest economic expansion since 2009.

Euro Australian Dollar (EUR/AUD) Exchange Rate Rises as Australia Hit by Global Trade Flare Up EUR/AUD Exchange Rate Up Despite Poor German Industrial Figures The Euro Australian Dollar (EUR/AUD) exchange rate is up, and is currently trading at AUD$1.5775, despite today’s release of Germany’s industrial figures for October showing a decrease. However the ‘Aussie’ was pummelled yesterday after US-C…

The US dollar has spent most the day falling against the Japanese yen but found a bit of a bid underneath, as the uptrend line continues to hold the market up, just as the 200 day EMA does.

Recent price action raises the risk for a further decline in AUD/USD as both price and the RSI snap the bullish formations carried over from October.

Aussie has plummeted more than 2.2% since the start of the month after reversing off technical resistance. Here are the levels that matter on the AUD/USD weekly chart.

The Pound to Australian Dollar (GBP/AUD) exchange rate soared today, and is currently trading up over 1% at AUD$1.7722, as geopolitical risk flares up after the arrest the arrest of Huawei’s Chief Financial Officer, Sabrina Meng Wanzhou. On the back of yesterday’s poor Q3 GDP figures, this pummelled the ‘Aussie’. The Pound... [...]

Get the AUD/USD Forex signal for December 6, 2018 here.

The US dollar bounced the nicely during the Wednesday session, as we had reached below the ¥113 level.

Risk aversion engulfed financial markets as Wall Street was closed despite US China trade talk progress. CAD sunk on less hawkish BoC. Asia stocks may extend selloff as AUD weakens.