News

Record highs for ASX were within touching distance on Wednesday before being pulled out of reach by the Aussie mining industry. The climb sparked excitement amongst investors, rallying the AUD from its slump, but it all went wrong before the day was out. Here is a rundown of what happened and how it affected the […]

Once again, it has been a frustrating week for the Australian FOREX market. The AUD spent most of its week spent in the same range-bound we have seen but took a dive going into the Easter weekend.   Considering that the country is, if anything, showing all signs of a solid economy with strong employment […]

After an impressive climb throughout the month of March, the AUD faced a tricky beginning heading into April and Q2. Continuing woes surrounding oil, metal, and other commodities combined with COVID in China, war in Eastern Europe, and troubles on Wall Street have not exactly meant smooth sailing for the Australian FOREX market and international […]

As March drew to a close- along with the first financial quarter of 2022- the AUD seemed unstoppable. After hovering tantalizingly close to a six-month high in the last few days of the month, hopes of breaking 0.755 were high. Sadly, the month and quarter ended on a somewhat muted note as the Australian Dollar […]

As the year progresses, so too does the AUD rollercoaster. The ups and downs- both social and economically- of 2022, so far, have rocked many parts of the world. Australia’s currency seemed to be sinking beneath the waves, but things are beginning to turn around. What we want to know is how likely the positive […]

Australian Dollar Hits a High as Chinese Support Pledge Boost Jobs Hopes After a rocky start to 2022, the AUD hit its four-month high on Friday the 18th of March, holding steady throughout the day at a strong 0.7419. It marks the first day it closed over the 0.74 mark since early November. Why the […]

The ongoing war between Russia and Ukraine continues to dominate this week’s news cycle and disrupt the international FOREX markets. Australian stocks and shares have felt the effects over the last two weeks, and the turbulence continues heading into the weekend.     Hopeful Outlooks Mid-Week   Earlier this week, hopes of a ceasefire and […]

On Thursday, Russia launched a full-scale attack on Ukraine after years of tension that has only grown more intense over the past several months. Further to the devastation to the people of that nation, the attack has also created instability and volatility for several major world currencies.   It seems that Russian President, Putin, has […]

Employment Halt Could Counter the Recovery of the AUD The rise and fall of the Australian Dollar over the last several months has kept the nation on its toes. Amidst a pandemic- with fears of war looming and threats to the iron ore industry, there is a fair deal of uncertainty. Despite the recent increase […]

The Impact of COVID-19 on Australia’s Iron Ore Industry and the AUD Iron ore has long since been a highly lucrative industry, generating more than $100 billion AU every year. It is also a major driver for the currency on the FOREX markets. Unfortunately, not even the distant corners of Western Australia managed to escape […]

2022 is officially underway, and the first month was eventful for the Australian Dollar and the Foreign Exchange Markets, although far from catastrophic. Here is a brief look back over the first month of the year, including the movement of AUD value against other major world currencies, Australian share prices, and the overall financial outlook […]

The Threat of War in Europe Drive Down the Australian Dollar It has not been a strong start to 2022 for the Australian Dollar, and things are not yet improving. After closing out the year at 0.7251 against the US Dollar, it has been a turbulent journey that has ultimately headed downhill. As of January […]