AUD News 

Aussie Firms Struggle With Domino Effect Of Supplier Collapse

“A new survey by My Business released on Monday (April 16) highlights the challenges Australian businesses face when a business partner or supplier collapses” reports pymnts.com. According to the survey of 184 professionals, the vast majority (87 percent) said they have experienced a negative consequence due to the failure or collapse of a business partner or vendor.Research released by KPMG found supplier financing programs are relatively rare but are beneficial to the cash flow health of suppliers and their customers.But just as cash flow challenges at suppliers and other business…

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AUD News Reviews 

AUD Daily Review April 16, 2018

AUD Daily Review for April 16, 2018 AUD/NZD: An Atypical Pairs Whose Value is in its Obscurity AUD/NZD: An Atypical Pairs Whose Value is in its Obscurity   USD/JPY and AUD/USD Forecast April 17, 2018 The US dollar as you can see has broken down a little bit against the Japanese yen during trading on Monday, as it looks like we are trying to go back and fo…   Have a nice trading! Share This:

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AUD News Reviews 

AUD Daily Review April 15, 2018

AUD Daily Review for April 15, 2018 Asia AM Digest: Markets Await US Syria Action, AUD Could Reverse Thursday was a break for the markets as sentiment improved. As we await the US Syria response, the Australian Dollar is at risk of reversing   USD/JPY and AUD/USD Forecast April 16, 2018 The US dollar has rallied significantly during the trading session on Friday, breaking above the 107.50 level before turning around and forming a bit of a sh…   Have a nice trading! Share This:

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AUD News 

New Zealand’s Nyika, women’s hockey team crash hosts’ party

“GOLD COAST, Australia (Reuters) – Heavyweight boxer David Nyika did more than just win his second Commonwealth Games gold medal on Saturday” writes Midwest Communications Inc for 95kqds.com. Nyika, who won light heavyweight gold at the Glasgow Games, was facing local favorite Jason Whateley and with every punch he landed the chants of “Aussie, Aussie Aussie, Oi!.  Source: 95kqds.com Share This:

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AUD News 

Hosking hangs on for gold in Commonwealth Games road race

“Australia had won gold at four of the last five Commonwealth Games since Kuala Lumpur in 1998” reports foxsports.com. She beat Kristina O’Hara of Northern Ireland in a 5-0 unanimous decision in the gold medal match in the 45-48 kilogram division at the Commonwealth Games.On Saturday morning, Australian cyclist Chloe Hosking hung on during a wild sprint finish with four other competitors to win the gold medal in the women’s road race.Australia, led by Dallas WNBA center Liz Cambage, plays England in the women’s gold medal basketball final on Saturday…

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AUD News 

England’s effort against gold-medal favourites Australia showcases best of women’s sevens

“Despite suffering a 29-12 defeat to Australia next, England would have been far happier with their performance against the hosts and red-hot favourites” writes Charlie Morgan for telegraph.co.uk. England began their Commonwealth Games campaign with a disjointed performance in their 17-5 win over Fiji. Source: telegraph.co.uk Share This:

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AUD News 

NAB says that AUD is riding on Chinese import data and buoyant risk sentiment

“He also cites that risk sentiment has been buoyed by overnight news that Trump wants to reconsider joining the TPP (his latest tweet wasn’t so positive though)” reports forexlive.com. He also argues that the AUD is proving to be more risk sensitive than the NZD lately, so the positive turn in risk sentiment seems to have helped pull AUD/NZD back up after testing below 1.0500 yesterday – the first time that has happened since July last year. Source: forexlive.com Share This:

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AUD News 

China’s trade data earlier helps the aussie on two fronts

“While the positive impact on the import figures can be seen clearly from a trade perspective – since Australia is one of China’s main exporters – there is also a sort of indirect impact that has helped to boost the aussie” reports forexlive.com. The fact that China’s imports remain solid and growing at a pace better than previous years (2015 and 2016), highlights how much China still relies on consumption and purchases.And that means Chinese authorities should not really want to favour a weaker Chinese yuan as it would create…

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AUD News Reviews 

AUD Daily Review April 12, 2018

AUD Daily Review for April 12, 2018 Crude Oil Price Forecast: Breakout on Saudi Has Fundamental Support After a quiet first quarter in the energy markets, Q2 has opened with a bullish bang to take Crude to the highest levels since 2014.   Oil prices jump on reports of missile interception over Saudi Arabia Oil futures jumped Wednesday, setting prices for the U.S. benchmark up for their highest finish in more than three years after unconfirmed reports tha   Saudi Arabia ETF falls following reports of explosions An exchange-traded fund…

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