Today on The Economy News
The aussie dollar is taking a real battering at present
AUD/USD declines below parity triggering AUD losses across the board.
Latest on The Economy News
- Australian dollar weakness forecasted yet lower by technical analyst; RBA decision will however be key event-risk on the horizon
- The British pound sterling forecasted to trade neutral ranges but excitement tipped to increase as week progresses
- Silver prices take a drubbing as sell stop orders below April’s low; technical orders reinforce downtrend
- Silver prices forced lower as 'significant' sell order is hit in Asian trading, tentative recovery seen through European session
- Australian dollar / New Zealand dollar in morning profit-taking strength; broader environment remains bearish, RBA minutes ahead
- Pound to euro exchange rate faces a week that is 'anything but trivial' (UK CPI, retail sales and BoE Minutes all due)
- Euro exchange rate today: EUR higher at the start of what promises to be a busy week; UniCredit forecasting EUR/USD down to 1.2742
- Forecasts for Lloyds Banking Group plc, Barclays plc and Royal Bank of Scotland Group plc
- Brokers: Thomas Cook Group Plc rating downgraded - The British Land Company plc and easyJet plc share price targets upgraded
- British Pound Sterling Live: GBP is still a Sell versus US dollar say RBS
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Latest on The Economy News
- Australian dollar weakness forecasted yet lower by technical analyst; RBA decision will however be key event-risk on the horizon
- The British pound sterling forecasted to trade neutral ranges but excitement tipped to increase as week progresses
- Silver prices take a drubbing as sell stop orders below April’s low; technical orders reinforce downtrend
- Silver prices forced lower as 'significant' sell order is hit in Asian trading, tentative recovery seen through European session
- Australian dollar / New Zealand dollar in morning profit-taking strength; broader environment remains bearish, RBA minutes ahead
- Pound to euro exchange rate faces a week that is 'anything but trivial' (UK CPI, retail sales and BoE Minutes all due)
- Euro exchange rate today: EUR higher at the start of what promises to be a busy week; UniCredit forecasting EUR/USD down to 1.2742
