Daily Forex Commentary

25 July 2014 - Greenback stronger on impressive unemployment claims

By Jay Goodman
Australian Dollar:The Australian dollar continued to outperform the other major currencies on Thursday however this time was bolstered by strong Chinese numbers released j... read more

24 July 2014 - AUD bolstered on strong inflationary numbers

By Jay Goodman
Australian Dollar: The Aussie dollar got off to a slow start on Wednesday opening just shy of the US94 cent mark as investors sat on the fence waiting for the highlight of ... read more

23 July 2014 - Greenback stronger on solid inflation numbers

By Jay Goodman
Australian Dollar: Tuesday began in a similar fashion to Monday as markets traded quietly on the back of limited data. The Chinese CB leading index n... read more

22 July 2014 - AUD remains range bound in a quiet start to the week

By Jay Goodman
Australian Dollar:The Australian dollar continued to trade within a tight range to begin the week as no local or any high impact offshore data was released to provide dire... read more

21 July 2014 - Quiet end to the week as political events take the spotlight

By Jay Goodman
Australian Dollar:As expected with no local data to provide the Australian dollar direction on Friday the AUD remained unchanged against most majors during Asian trade. Du... read more

18 July 2014 - Risk off, Aussie sold

By Michael Judge
Australian Dollar: The Australian dollar remained steady intraday yesterday amidst a trickle of flat domestic business indicators which did little to inspire confidence in ... read more

17 July 2014 - Heavy economic docket fails to move the Aussie

By Michael Judge
Australian Dollar: During a release closely watched by local investors, figures yesterday showed China’s economy grew at a slightly faster than expected pace in April... read more

16 July 2014 - AUD lower ahead of key releases from China

By Michael Judge
Australian Dollar:Re-iterating its stance that The Reserve Bank of Australia are likely to follow a path of considerable interest rate stability, minutes from the banks Ju... read more

15 July 2014 - Trading ranges poised for an outbreak

By Michael Judge
Australian Dollar:It’s been an uneventful start to the week for the Australian dollar which has drifted aimlessly between a low of 0.9373 and a high of 0.9402 when v... read more

15 July 2014 - Trading ranges poised for an outbreak

By Michael Judge
Australian Dollar: It’s been an uneventful start to the week for the Australian dollar which has drifted aimlessly between a low of 0.9373 and a high of 0.9402 when v... read more

14 July 2014 - AUD maintains recent range

By Michael Judge
Australian Dollar:The Australian dollar did a relatively good job last week shrugging off a handful of significant data releases, releases which in hindsight promised to t... read more

11 July 2014 - Concern as Portuguese Bank fails to meet debt obligations

By Matt Richardson
Australian Dollar: The Australian Dollar shifted downward throughout trade on Thursday as local employment data and Chinese trade numbers missed the mark. According to the... read more

10 July 2014 - AUD holds firms as FOMC minutes offer little insight

By Matt Richardson
Australian Dollar: The Australian Dollar opens marginally higher this morning having held a tight trading range throughout Wednesday’s session. Westpac’s consu... read more

09 July 2014 - Business confidence and carry trades bolster Aussie

By Matt Richardson
Australian Dollar: The Australian Dollar pushed higher for a 3rd consecutive day recouping much of the losses suffered last week. The dollar broke above 0.94 as... read more

08 July 2014 - AUD edges higher ahead of FOMC minutes

By Matt Richardson
Australian Dollar: The Australian Dollar edged higher during trade on Monday as markets revised positions and expectations of an early Fed rate hike in the lead up to Wedn... read more

07 July 2014 - Dovish RBA sees AUD open the new week lower

By Matt Richardson
Australian Dollar: The Australian Dollar came under strong selling pressure last week and marked its biggest weekly decline since the week ending May 23rd. Havin... read more

04 July 2014 - Aussie tumbles on RBA comments

By Jay Goodman
Australian Dollar: Thursday presented another day of volatility in a week that has seen the Australian dollar trade in a reasonably wide range. The AUD opened Thursday at 0... read more

03 July 2014 - Strong employment numbers send Greenback higher

By Jay Goodman
Australian Dollar: After coming off a day with heavy gains the Aussie dollar consolidated into the Mid US94 cent range on Wednesday. The push lower was just before midday w... read more

02 July 2014 - Rates on hold as Aussie lifts to yearly highs

By Jay Goodman
Australian Dollar: The Australian dollar had a heavy economic docket on Tuesday as investor’s awaited manufacturing data out of China and the RBA’s cash rate de... read more

01 July 2014 - AUD unchanged ahead of RBA cash rate decision

By Jay Goodman
Australian Dollar:The Australian dollar began Monday continuing on from the trends ending last week, remaining fairly range bound for the majority of Asian trade. The Auss... read more

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