What’s Making Australian Dollar Weak And NZD Firm?

• March 05, 2021 08:01 PM AEDT
• Damini

r currencies like New Zealand and Australian dollars slumped along with equities. Giving an end to growing speculations that the US Federal Reserve will pull back policy support earlier than expected, Fed Chair Jerome Powell recently reiterated ...

• March 03, 2021 08:20 PM AEDT
• Damini

e Australian dollar. The bond market has begun to recover from the recent market sell-off, inducing a fall in the US Treasury yields. Last week, the sudden rise in the US bond yields soothed the enthusiasm of stock participants around the world,...

• January 29, 2021 09:21 AM AEDT
• Hina Chowdhary

 The home currency is facing some pressure against a slight recovery witnessed in the United States dollar with AUD/USD facing strong resistance around USD 0.780. The United States Federal Reserve (U.S. Fed) cited that the U.S. economic activit...

• January 06, 2021 11:04 AM AEDT
• Kunal Sawhney

The Australian Dollar had continued its momentum in the first trading of 2021. As a risk on currency, the rising appetite for risk-taking crystallised with lower interest rates is adding further tailwinds for a stronger Aussie dollar.  It is ...

• January 04, 2021 12:09 PM AEDT
• Kunal Sawhney

Currencies have been a volatile so far over lower interest rate environment and economic meltdown on account of the COVID-19 outbreak. However, since the beginning of the March 2020 quarter many currency pairs have provided investors with superior re...

• December 17, 2020 01:16 PM AEDT
• Team Kalkine

Australian Dollar is on an upside run against the US Dollar today. Currency traders are speculating relatively better economic conditions compared to the United States.  Interest rate differentials on the sovereign yields of two countries are...

• December 09, 2020 02:15 PM AEDT
• Team Kalkine

Australian Dollar has been on a scintillating run this year, specifically after March 2020. On 8 December 2020, the FX rate on AUD/USD contracts clocked around US74 cents, which was recorded in August 2018. Image Source: Shutterstock On Tuesday...

• October 07, 2020 01:31 AM AEDT
• Team Kalkine

AUD/USD: Entering Primary Uptrend Corridor AUD/USD broke out of the downward sloping trendline in the last quarter and is now taking support at USD 0.7128 level. The ability of the currency to sustain the present breakout would decide the future d...

• September 22, 2020 03:03 PM AEST
• Team Kalkine

While the COVID-19 pandemic initially spurred a rally in the US dollar amidst heightening worries over the virus crisis, the greenback seems to be on the brink of ending its long-run bull cycle. The US Dollar index (DXY), which traces the America...

• August 14, 2020 04:22 PM AEST
• Edita Ivancevic

2020 has had a profound effect on the world’s economy, whereby most developed countries have experienced negative GDP growth for the first time in years due to the economic lockdown caused by the COVID-19. In the context of Australia, it has...