Market Update 16/01/2025
The Australian dollar experienced further modest depreciation overnight, reaching a new annual low of 0.6332 against the US dollar. The AUD/USD pair has declined by 5 cents this quarter.
Market Update 13/01/2025
The Australian dollar experienced further modest depreciation overnight, reaching a new annual low of 0.6332 against the US dollar. The AUD/USD pair has declined by 5 cents this quarter.
Market Update 09/01/2025
The Australian dollar experienced further modest depreciation overnight, reaching a new annual low of 0.6332 against the US dollar. The AUD/USD pair has declined by 5 cents this quarter.
Market Update 06/01/2025
The Australian dollar experienced further modest depreciation overnight, reaching a new annual low of 0.6332 against the US dollar. The AUD/USD pair has declined by 5 cents this quarter.
Market Update 02/01/2025
The Australian dollar experienced further modest depreciation overnight, reaching a new annual low of 0.6332 against the US dollar. The AUD/USD pair has declined by 5 cents this quarter.
Market Update 30/12/2024
The Australian dollar experienced further modest depreciation overnight, reaching a new annual low of 0.6332 against the US dollar. The AUD/USD pair has declined by 5 cents this quarter.
Market Update 19/12/2024
The Australian dollar experienced further modest depreciation overnight, reaching a new annual low of 0.6332 against the US dollar. The AUD/USD pair has declined by 5 cents this quarter.
Market Update 16/12/2024
AUD/USD dropped to 0.6360, reversing yesterday’s gains driven by a hawkish RBA repricing. USD strength overshadowed optimistic signals from Chinese officials about countercyclical policy. Market pricing for a 25bp RBA rate cut in February is now a 50-50 chance after a solid labour force survey, though our team still anticipates easing to start in February.
Market Update 09/12/2024
The AUD/USD pair danced a tight waltz around 0.6440 last night. Tonight’s US payrolls report will be the puppet master for this currency duo. Come Tuesday, all eyes will be on the RBA’s policy pow-wow – the next big local shindig for the Aussie dollar.
