Richard Grace
Richard Grace
Colonel Richard Gracewas an Irish Royalist soldier who fought for Charles I, Charles II and James II...
australian break dollar downward failed otherwise perspective technical trend
The Australian dollar's downward trend is still in place. From a technical perspective, the Australian dollar has failed to break 75.80 cents, which would have otherwise signaled the end of its downward trend.
australian dollar gap interest narrow negative risk statement watered yield
There's a risk the statement will be watered down. This will be negative for interest rates, the yield gap will narrow further, and the Australian dollar will go down.
australian bank finish hike less reasons reserve support week
There will be less reasons for the Reserve Bank to hike and less reasons to support the Australian dollar. We'll finish the week lower.
australian chinese commodity demand growth pushed quarter rate resulting stronger supports
The Chinese growth rate in the first quarter was stronger than expected. The resulting demand has pushed up commodity prices, which supports the Australian dollar.
australian buy continue data dollar generate next
I'd buy the Australian dollar next week. The data could continue to be stronger, which will generate a rally.