Bell FX Currency Outlook: Australian Dollar continues its surge in offshore trade as local inflation and Chinese manufacturing support.
By Christine Gaylican | Oct 25 | IBTimes AU
Australian consumers had been struggling with higher prices of basic goods and services in the three months until the end of September as inflation rises 1.4 per cent, dampening the central bank's aggressive stance in slashing benchmark rates in the coming months.
By Christine Gaylican | Oct 24 | IBTimes AU
The Euro begun a new phase of weakness overnight with a break below $US1.30 before finding support around $US1.2550. Earlier support for the Euro faded after Spanish debt concerns began to infiltrate investor psyche once again.
By Christopher Gore | Oct 24 | GoMarkets
Bell FX Currency Outlook: The Australian Dollar has opened relatively unchanged after a subdued session overnight.
By Christine Gaylican | Oct 23 | IBTimes AU
Bell FX Currency Outlook: The Australian Dollar has opened slightly weaker this morning and is poised to test further upside over the next few weeks should global economic data continue to show signs of improvement.
By Christine Gaylican | Oct 22 | IBTimes AU
Bell FX Currency Outlook: The Australian Dollar was on a rollercoaster ride last night and enjoyed quite significant swings including a break through USD 1.0400 before settling to yesterday's levels.
By Christine Gaylican | Oct 19 | IBTimes AU
Bell FX Currency Outlook: Increasing investor confidence saw the Australian Dollar continue to climb overnight trading to 1.0380's.
By Christine Gaylican | Oct 18 | IBTimes AU
US markets applauded a solid round of earnings overnight with third-quarter earnings from Goldman Sachs outpacing expectations, following yesterday’s stronger than expected earnings from banking heavyweight Citigroup. Given the less-than-encouraging expectations and cautious positioning leading into earnings season, a series of upside surprises has breathed new life into equity markets.
By Christopher Gore | Oct 17 | GoMarkets
Bell FX Currency Outlook: The Australian Dollar has traded higher through USD 1.0300 in a fairly orderly fashion overnight with market sentiment buoyed by better than expected data in the US and Europe.
By Christine Gaylican | Oct 17 | IBTimes AU
Bell FX Currency Outlook: The AUD is slightly fimer today, locally the market will pay close attension to the release of the RBA minutes today at 11.30am.
By Christine Gaylican | Oct 16 | IBTimes AU
Bell FX Currency Outlook: The Australian Dollar has opened steady as concerns about growth prospects continue to plague Europe and the global economy.
By Christine Gaylican | Oct 15 | IBTimes AU
After three consecutive weeks of losses, the Aussie dollar was able to buck the trend last week posting moderate gains despite an overall stronger greenback. Despite a recent string of less-than-inspiring local directives, technical’s suggested the local unit had fallen too far, too soon, and with the help of slightly more encouraging labour data, the stage was set for a reprieve.
By Chris Gore | Oct 15 | GoMarkets