November 6, 2018
Foreign currency banknotes over black background

Emerging Market Currencies Strengthen as Hope of Trade Deal Emerges

Whilst the US dollar endured a slippery slope this week, partly due to the possibility of a new trade deal between the US and China as well as the upcoming mid-term elections, a number of emerging market currencies have profited. Strong gains were seen in the Australian and NZ dealers as well as the ZAR. […]
August 27, 2018

The Australian Dollar Strengthens as Scott Morrison Wins Prime Ministerial Race

Partly assisted by the outcome of The Jackson Hole symposium which took place in the hours that followed, the Australian Dollar enjoyed a slight lift as Scott Morrison was elected the 30th Prime minister of Australia this week, Morrison succeeded Malcolm Turnbull who had faced two leadership challenges in recent weeks. Liberal party leadership challenge […]
August 15, 2018

GBP Stagnant Despite Interest Rate Rise

The Bank of England raised UK interest rate by 0.25% on Thursday marking the second rise in less than a year. Despite political and economic uncertainty due to Brexit and the weak government the Bank of England followed to adopt the global trend and raise interest rates to 0.75%. The interest rate rise marks the […]
July 23, 2018
Australia map

AUD Exchange Rates up as Employment Figures Dazzle

AUD exchange rates have been troubled in recent months, both hampered by FED’s plans to raise interest rates and the ever-developing trades war situation, commodity currencies have been hit hard.
May 16, 2018
Reserve Bank of New Zealand

RBNZ Keeps Rates Steady – Offering No Forward Guidance on NZ Dollar

Unsurprisingly the Reserve Bank of New Zealand kept rates on hold again, making the 19th consecutive interest rate decision without a change. The last coming back in November 2016 when rates were reduced from 2.00% to the current historic low interest rate of 1.75%, in turn seeing the USD to NZ Dollar exchange rate weaken.
May 9, 2018
Map of australia

Australian Economy Sticking to Plan as RBA Holds Rates

There were no real surprises as the RBA released their quarterly statement on the condition of the Aussie economy. No rate rise was expected and didn’t materialise making it 19 policy meetings with no rate change.
March 29, 2018

US Interest Rate Hike Sees US Dollar Slump

As nearly everyone had anticipated, the US increased interest rates by 0.25% from 1.50% to 1.75 signalling the first US interest rate hike since last December. Despite the solid growth and an apparently strong labour market had been reluctant potentially due to underlying issues with wages and US inflation, plus of course a change in […]
January 19, 2018
AUD to USD exchange rates

AUD to USD Exchange Rates Rally to 3 Months High

This week has proved a challenging one for the USD with a basket of currencies capitalising on a combination of weak US data and the uncertainty perpetuated by the numerous scandals surrounding President Trump with AUD to USD exchange rates being one of the benefactors. However, the Australian dollar also posted encouraging data this week […]
December 11, 2017
AUD exchange rates

AUD Exchange Rates Fall as Quarterly GDP and Trade Balance Disappoint

The Aussie dollar fell against a basket of currencies as the countries quarterly GDP fell short of expectations. The GDP data shortfall sparked a sell-off in AUD exchange rates. Australian quarterly GDP disappoints This month’s Aussie GDP figures which were released early on Wednesday morning reached lower than the markets anticipated level. Novembers’ quarterly GDP […]