aussie dollar Archives - Fairmont Equities

Macro-Micro: SoMPing the AUD – anyone for retail therapy?

November 13, 2017 by Evan Lucas

The Macro stuff: Can’t escape what happened in the AUD over the weekend – despite a weak USD to finish last week’s trading week – AUD lost ground, and from where I am sitting it’s all to do with the Statement of Monetary Policy (SoMP). The suggestion from the release is pretty clear – RBA will be unable to reach its longer-term objectives inside the next 26 months and the conclusion – clouded outlook, an AUD that is clearly above …

Stocks to buy with a lower Australian dollar

November 13, 2017November 3, 2017 by Lauren Hua

In the last two months, we have seen the Australian dollar shed nearly 5% to the US dollar. From nearly US$0.81, one Australian dollar is now fetching closer to US$0.77. As the outlook for the Australian dollar turns more negative, investors need to be aware of how this can impact their share holdings. We have previously written on this blog about what would happen to stocks if the Australian dollar appreciated. (You can access it here – https://fairmontequities.com/high-australian-dollar-will-affect-sector/ ) But …