Market Update – 28th May 2020 – AUD/USD Moves Higher With Positive Market Sentiment

Please note that the commentary below is factual information provided to a group of readers as a web blog, and where an opinion is expressed by the author, it is GENERAL ADVICE only. Stocks keep ripping higher: Over the past two months, the ASX has gone from being down 40% to up 32% in what could only be called the most spectacular turnaround of …

Market Update – 18th May 2020 – AUD Stable Ahead Of Quiet Week

Please note that the commentary below is factual information provided to a group of readers as a web blog, and where an opinion is expressed by the author, it is GENERAL ADVICE only. Quiet week ahead: We have a quiet week ahead from a data perspective with basically no tier one economic data released until Friday evening. As such all …

Market Update – 13th May 2020 – AUD Takes Breather After Sensational Recovery

Please note that the commentary below is factual information provided to a group of readers as a web blog, and where an opinion is expressed by the author, it is GENERAL ADVICE only. AUD Stalls After Stellar Recovery: The AUD has taken a well earned breather after a stellar run from 0.55 back to 0.65 vs. the Greenback. AUD/USD hit …

Market Update – 8th May 2020 – AUD Surges As Lifting Of Restrictions Gets Closer

Please note that the commentary below is factual information provided to a group of readers as a web blog, and where an opinion is expressed by the author, it is GENERAL ADVICE only. AUD Surges: The Aussie Dollar has continued to surge through the week gaining as much as 2% vs. the Greenback and nearly 3% vs. the Great British …

Market Update – 4th May 2020 – Volatility Returns To Equities But AUD Still Looking Solid

Please note that the commentary below is factual information provided to a group of readers as a web blog, and where an opinion is expressed by the author, it is GENERAL ADVICE only. Stock Market Volatility Returns: Volatility appears to be back with both local and international equities surging forward by as much as 5% during Thursday trade only to have almost …

Market Update – 28th April 2020 – AUD & Stocks Continue Their Climb

Please note that the commentary below is factual information provided to a group of readers as a web blog, and where an opinion is expressed by the author, it is GENERAL ADVICE only. AUD Steams Ahead: The AUD has pushed higher again overnight taking it to its highest level vs. the Greenback since the rout began in early March. All in …

Market Update – 22nd April 2020 – AUD In A Holding Pattern As Oil Price Get Crushed

Please note that the commentary below is factual information provided to a group of readers as a web blog, and where an opinion is expressed by the author, it is GENERAL ADVICE only. Oil Prices Go Negative: Yes, you read that correctly. For a period this week WTI (U.S produced oil) had negative prices, meaning U.S oil producers were in …