aud/usd

Rising rates and a falling dollar put the squeeze on mortgagees

Andrew Macken

For Australians with a mortgage, there’s a good chance life is feeling somewhat tougher – and for good reason. For one thing, mortgage rates are increasing. Meanwhile, the Aussie dollar has been depreciating against the US dollar, which is eroding the global purchasing power of all Australians. Unfortunately, these dynamics... Show More

Why the Aussie is up and the Greenback is down

Andrew Macken

Has the recent weakness in the US dollar surprised you? Has the strength in the Aussie dollar had you scratching your head at all? To many, including your author, these moves have been counter-intuitive to some degree. So what could possibly be placing downward pressure on the Greenback and upward... Show More

Tourism Data shows strength again

James Nicolaou

Australian inbound tourism data for July 2016 has just been released, and shows some positive trends, including: Total inbound for July 2016 at 716k (+14.1% pcp); 12 Months to July 2016 at 7.94m (+10.6% pcp v 10.0% at end June 2016); Leisure 12 months to July 2016 at 6.0m (+14.8%... Show More

The outlook for the AUD

PM Capital

Paul Moore, Chief Investment Officer at PM CAPITAL, says they’ve lightened their USD exposure as they now feel the AUD is close to fair value. “We think most of the decline in the Australian Dollar is over. If it had kept in-line with commodity prices it probably had another 10... Show More

The AUD/USD has reached the minimum downside technical target located at 0.8220 as a result of overnight decline (it reached a low of 0.8215)

Angela Mangan

The AUD/USD has reached the minimum downside technical target located at 0.8220 as a result of overnight decline (it reached a low of 0.8215). It had originally generated a technical sell signal at 0.9203 on 10/9/14, which resulted in the technical outlook turning negative. The AUD subsequently generated a technical... Show More

Keep a close watch on the AUD/USD as it is currently positioned near a key technical support level, which if broken, would indicate the potential for it to...

Angela Mangan

Keep a close watch on the AUD/USD as it is currently positioned near a key technical support level, which if broken, would indicate the potential for it to revisit the January 2014 low point @0.8660. The AUD/USD previously generated a technical sell signal at 0.9203 on 10/9/14, with the technicals turning... Show More