The Australian dollar was up against the greenback and appeared positioned for outperformance ahead, with cyclical and structural factors providing it a durable tailwind, Mizuho Securities said.
BNY forecasts that AUD/USD may continue to grind higher on positioning and carry support, but warns that investors should be prepared for periodic disappointment in the spot rate until productivity ...
At 7.02am on Friday, the local unit was trading at 76.43 US cents, down from 76.58 US cents on Thursday. Westpac senior market strategist Imre Speizer says the Aussie had continued its multi-day rally ...
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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...
Risk appetite will likely be a key factor for GBP/AUD. If market sentiment regains its upbeat tone, the risk-sensitive ...
The Australian dollar could find long term relief from cyclical downturns if the country’s government decides to take climate change seriously, according to ABN Amro Bank NV. The Dutch bank expects ...
The Reserve Bank of Australia left its cash rate target unchanged, as it warned about lost momentum in the jobs market and the deepening risks of its housing boom. The minutes from the Reserve Bank of ...
The US dollar still dominates trade for now. But new research suggests Australia’s banks are unprepared for a world where China’s currency plays a much larger role.
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