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.
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 […]
November 13, 2017
Reserve Bank of Australia

AUD/USD Weakens as RBA Leaves Rates Unchanged

The AUD/USD slipped this week following the Reserve Banks of Australia’s unsurprising decision to leave Australian Interest rates on hold at 1.5%. Rates have remained static since the last August 2016 when rates were cut from 1.75% Phillip Lowe the Governor of Th Reserve Bank of Australia delivered his thoughts on both global economic improvements […]