Exchange Rate Forecasts

AUD-EUR Update Category

During the Australian trading session yesterday, the Australian Dollar gave back some of the ground it made against the majors Tuesday night. However, most of the movement was made overnight. The AUD increased by over a percent against the Pound due to weak UK data. It also made minor positive movements against the EUR and [...]

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AUD Pushes Back UP

Posted by:
Date: October 31st, 2014.

The Australian Dollar moved up overnight by approximately three quarters of a percent against the majors overnight, with exception being the NZD, as investors poured funds into the ‘Aussie’. Overnight, the US announced their annualised Gross Domestic Product figure for the third quarter of 2014 and the forecast was that we would see a reduction [...]

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AUD Remains Vulnerable

Posted by:
Date: October 12th, 2014.

The Australian Dollar continued to fall against the majors in the lead up to the weekend following softening commodity prices and strong international economic data. Friday saw the release of the percentage change to Investment Lending and Home Loans in Australia for the month of August. Both figures were less than expected an indicated a [...]

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The Euro has been on a tear of late, with gains of nearly 4.5% against the Australian Dollar seen in the last 3 weeks. This was bought to a screeching halt last night as we had weaker than expected inflation data by way of Consumer Price Index numbers .The market was expecting 0.9% which was [...]

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Tonight Germany is expecting to release rather weak inflation figure this month; the figures are expecting go into the negatives. This result will be listed as an ‘All Day’ event because the ‘Actual’ is comprised of data from 6 German states which report their CPI throughout the day. There are Also two versions of inflation [...]

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Overnight the Australia Dollar gave back all the ground it took yesterday and more; and it continues to remain in a state of weakness against the majors. The Australian Dollar made some gains for the first time in over a week yesterday following the release of positive Chinese data. The Manufacturing PMI in China was [...]

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The Australian Dollar had a relatively stable day of trading yesterday in comparison to the previous couple of week’s volatility where big movements have been experienced. Over the course of the day the AUD lost a small amount of ground against the majors and minors, in particular the GBP where it lost over a quarter [...]

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Yesterday the Australian Dollar saw an immediate increase in value following the release of Australian employment data; however it failed to hold onto the ground it gained, giving it all back and falling heavily against all majors. The official Unemployment Rate in Australia dropped surprisingly to 6.1% yesterday when economists were targeting a reduction from [...]

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AUD Moves UP, UP, UP on the Majors

Posted by:
Date: September 8th, 2014.

The Australian Dollar is still holding onto the massive gains it made against the Pound and the Euro last week and is currently continuing its’ rally on the GBP. Late Friday evening the AUD pushed up on the USD as well due to weaker than expected employment data out of the States. North American Employment [...]

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Last night we had the European Central Bank rate Decision. Mario Draghi announced new Quantitative Easing measures and ten basis point decrease in official cash rate. The European Central Bank lowered its main lending rate by 0.10 percentage point to 0.05 per cent. It cut a separate rate on bank deposits deeper into negative region, [...]

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