Exchange Rate Forecasts

AUD-EUR Update Category

Flood of economic data should keep traders on their toes

Wednesday, October 28th, 2015

EURAUD… Beware any rally in the Euro The European Central Bank’s meeting on Thursday was a game changer, with President Mario Draghi reintroducing rate cuts as a potential policy tool as the central bank attempts to stave off consistently low inflation and stagnant growth. Inflation, when it is too low, signals a slowdown in the [...]

AUD OUTLOOK: Monetary statements and policy will be the key point for this week.

Tuesday, October 6th, 2015

The Central Bank statements start today in Australia at 1.30pm AEST; as the Reserve Bank of Australia will be announcing their interest rate decision for October. Currently the market is not expecting any movement on the interest rate; officially there is a 93% chance that the RBA will hold rates at 2%. The proceeding announcement [...]

Australian Dollar (AUD) Remains Volatile Against Euro (EUR) and Pound (GBP)

Monday, June 29th, 2015

The Australian Dollar (AUD) has had a very volatile start to the week, experiencing major swings back and forth against the Euro and trading at a fresh 6 year low against the Pound (GBP) before recovering slightly. There are a number of medium and minor economic indicators that will be released locally this week. Today [...]

Australian Dollar (AUD) Awaits Domestic Data for Next Movement

Sunday, May 31st, 2015

The Australian Dollar (AUD) is likely to remain volatile for most of this week as a result of domestic data releases. After a relatively quiet week of domestic economic releases last week, there is an abundance of local economic indicators being released this week. Today will see the release of lower-tier data in the form [...]

Australian Dollar (AUD) Holds Gains Made From Employment Data; CPI Forecast to Fall This Week

Sunday, April 19th, 2015

The Australian Dollar (AUD) remains under pressure despite some temporary relief it experienced late last week resulting from the surprisingly good employment data. The ‘Aussie’ (AUD) lifted over a percent against the majors last Thursday when it was reported that the Australian Unemployment Rate dropped from 6.3% to 6.1%, with an additional 37,700 jobs added [...]

EURAUD.. loan extension deal struck between Greece and the ECB, dont celebrate just yet .

Monday, February 23rd, 2015

EURAUD… Greece and the ECB hammer out terms for an extension on its loans Last week was dominated by one main theme. The ongoing train wreck that is the Greek economy, and the extension on their bailout from European creditors took precedence over everything else. As early as Friday AEST, there was still a stalemate [...]

Australian Dollar (AUD) Surprisingly Surges Following CPI Before Correcting Overnight

Thursday, January 29th, 2015

Yesterday the Australian Dollar (AUD) moved irrationally following the release of Australian inflation data in the form of the Consumer Price Index (CPI). Despite a weaker than expected result, the ‘Aussie’ (AUD) surged, making gains in excess of a full percent against most traded currencies. These gains were then lost overnight as the European trading [...]

Australian Dollar Trends Upward

Sunday, January 18th, 2015

The Australian Dollar (AUD) trended upwards towards the end of last week following on from better than expected employment data. The trend continued through Friday with minor gains being made against most of the majors during the Australian day trading session. Only low tier associated with Securities inflation and New Motor Vehicle Sales is scheduled [...]

AUD/GBP Weakens, Australian Dollar (AUD) Falls Against the Majors

Wednesday, November 19th, 2014

Yesterday the Australian Dollar (AUD) lost close to half a percent against the majors during the day’s trading session. This loss extended throughout the night and the AUD lost over a full percent against the US Dollar (USD), Pound Sterling (GBP) and Euro (EUR). In a week that is absent of high tier domestic economic [...]

Australian Dollar (AUD) Trends Upwards Against the Majors

Monday, November 17th, 2014

The Australian Dollar (AUD) pushed up against the Pound Sterling (GBP) and US Dollar (USD) prior to the close of last week’s trading session. It remained stagnate against the Euro (EUR), holding most of the ground it made mid-week. It is currently trending upward against this majors this morning. Only low tier economic data in [...]

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