Bell FX Currency Outlook: Weaker US data and positive signs out of China propelled the Australian Dollar significantly higher in the offshore session on Friday.
By Christine Gaylican | Sep 10 | IBTimes AU
Bell FX Currency Outlook: Weaker Chinese data helped push the AUD below 1.0400 on Friday night but the ongoing threat of more central bank stimulus has kept the AUD above the 1.0400 level this morning.
By Christine Gaylican | Aug 27 | IBTimes AU
Australia: The AUD has been the beneficiary of global central bank and institutional buying in recent weeks. This has been due partly to Australia's relatively higher interest rates and yields on Commonwealth and state government bonds as compared to other developed economies.
By Christine Gaylican | Aug 20 | IBTimes AU
Bell FX Currency Outlook: The Australian Dollar continued its firm tone this morning on the expectation there will be more bank stimulus in the US, ECB & China.
By Christine Gaylican | Aug 13 | IBTimes AU
Bell FX Currency Outlook: The Australian Dollar has maintained its firm tone this morning, after US jobs data on Friday night were higher than expected, fueling a jump in major equity indices in Europe and the US.
By Christine Gaylican | Aug 06 | IBTimes AU
Bell FX Currency Outlook: The Australian Dollar has retreated from its recent highs over 1.0400 to begin trading this week in the mid 1.0300's as news from Europe continued to dominate the financial headlines.
By Christine Gaylican | Jul 23 | IBTimes AU
Bell FX Currency Outlook: The Australian Dollar has opened above 1.0200 following Friday's Chinese Q2 GDP data and rallying equity markets Friday night.
By Christine Gaylican | Jul 16 | IBTimes AU
Yields for 10-yr government bonds rose to unsustainable levels above 7.0%. Meanwhile, Italian yields also moved steadily above 6.0%. The EU summit 2 weeks ago (6/28-6/29) established a way to bailout Spain's banks without adding sovereign debt and also set a goal to bring down the 10-yr Italian...
By Fan Yang | Jul 09 | FX Times
Bell FX Currency Outlook: The Australian Dollar has opened this morning firmly above 1.0200 after a breakthrough in the EU summit in Brussels late last week. European bailout funds will be directly lent to Spanish banks (rather than to the Spanish government).
By Christine Gaylican | Jul 02 | IBTimes AU
Good chance for ECB Key rate cut is here. The European Central Bank looks like it is getting close an admission that it can no longer ignore the debt crisis and make lame comments about worrying over inflation, and looking for mysterious growth.
By Paul A. Ebeling, Jnr. | Jun 28 | LiveTradingNews
Bell FX Currency Outlook: After all the volatility of the last week or so the Australian Dollar starts the week over parity after fairly benign announcements on Friday.
By Christine Gaylican | Jun 25 | IBTimes AU
Moody's and other credit rating agencies have recently been cutting Spain's rating to near junk status. Spanish 10-yr bond yields rose to a record high of 7.02%, a euro-era high. This borrowing cost is an unsustainable level for Spain. Greece Ireland and Portugal have asked for bailout when their 10-yr yields rose to 7.
By Fan Yang | Jun 14 | FX Times