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Australian Dollar drops again - back below 0.67c
Last week, the Australian Dollar experienced fluctuations, initially reaching 0.6821 before declining below 0.67c and closing out the...

Chris Broadfoot
Jul 31, 20232 min read
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Understanding Recent Developments in the Australian Dollar and Foreign Exchange Markets
In recent weeks, the Australian Dollar (AUD) has experienced fluctuations within a well-defined range that began in March 2023. Notably,...

Chris Broadfoot
Jul 23, 20232 min read
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Economic Woes in Eurozone Persist Amid Expectations of ECB Rate Hike
Introduction The Eurozone continues to grapple with economic challenges, and as the European Central Bank (ECB) gears up for an...

Chris Broadfoot
Jul 11, 20232 min read
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UK Inflation Struggles Persist, Prompting Expectations of Further BoE Rate Hikes.
Introduction The UK economy continues to grapple with stubborn inflationary pressures, leading experts to anticipate additional interest...

Chris Broadfoot
Jul 10, 20232 min read
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Is the Aussie on a rebound?
The Australian dollar has been up 1.54% this past week against the US Dollar and down 1.68% this past week against the Euro. Economic...

Chris Broadfoot
Jun 5, 20232 min read
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Can the Aussie bounce back from a 6 month low? Currency Exchange Update.
Weekly Currency Exchange Update – May 29th, 2023. Last week the AUD markets were mainly impacted by the economic data of their...

Chris Broadfoot
May 29, 20232 min read
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The Australian Dollar is still struggling
The Australian dollar is in the red zone this week as poor Chinese data caused investors to lose faith in the Aussie. Increasing...

Chris Broadfoot
May 21, 20232 min read
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Australian Dollar on the drop.
The Australian dollar faced a downtrend this week as positive economic data for the US and a slow Chinese economy caused investors to...

Chris Broadfoot
May 18, 20232 min read
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Aussie Dollar on the up, for now?
The Australian dollar experienced a 1.82% rise against the US dollar last week, propelled by positive economic news for Australia closing...

Chris Broadfoot
May 7, 20232 min read
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The Australian Dollar Surges as the RBA Shocks the Market
On Tuesday, the value of the Australian dollar surged after the Reserve Bank of Australia (RBA) surprised financial markets by hiking...

Chris Broadfoot
May 3, 20232 min read
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Aussie Dollar Concern - April 27th
AUD/USD The Australian dollar (AUD) has plunged to its mid-March levels against the USD leaving the exchange rate touching a low of...

Chris Broadfoot
Apr 27, 20232 min read
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Currency Update, April 24th, 2023
The Australian dollar is down -1.31% from last week as the market is not convinced that the Reserve Bank of Australia is done with its...

Chris Broadfoot
Apr 24, 20232 min read
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Currency Update, April 17th, 2023
Last week, the Australian Dollar reached a seven-week high before plummeting. We saw a high on Thursday of 0.6781 after a 1.4% move in...

Chris Broadfoot
Apr 17, 20232 min read
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Currency Update, March 27th, 2023.
In a concerning week for the AUD/USD exchange rate, it closed at 0.6644. This comes in a week where the US Federal Reserve did raise...

Chris Broadfoot
Mar 26, 20232 min read
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Currency Update, March 13th, 2023
The Australian Dollar Sails South as RBA and Federal Reserve Take Different Monetary Policies. Last week, the Australian Dollar (AUD)...

Chris Broadfoot
Mar 12, 20232 min read
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Currency Update, January 23rd, 2023.
Happy New Year to everyone, I hope that you're all back and settled at work now after a nice Christmas and New Year period and ready to...

Chris Broadfoot
Jan 22, 20232 min read
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Currency Update, December 15th, 2022.
On Thursday the US Federal Reserve provided a more hawkish stance on its policy than markets anticipated, but delivering a more mild 50...

Chris Broadfoot
Dec 15, 20222 min read
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Currency Update, November 1st, 2022
The RBA meets today, the bank’s board is expected to raise the official cash rate by either a quarter or half a percentage point during...

Chris Broadfoot
Nov 1, 20223 min read
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Currency Update, October 21st, 2022
This week has seen the AUD/USD bounce off 0.6230 more than once which is hopefully a sign of some sort of support for the Aussie which...

Chris Broadfoot
Oct 21, 20222 min read
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Currency Update, 10th October, 2022
Outside of COVID which saw the AUD/USD drop as low as 0.55c for a short time, the currency AUD/USD is at the lowest point since March...

Chris Broadfoot
Oct 8, 20222 min read
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