{"id":3368,"date":"2025-05-22T03:54:01","date_gmt":"2025-05-22T03:54:01","guid":{"rendered":"https:\/\/tat.capital\/?p=3368"},"modified":"2025-07-15T02:52:58","modified_gmt":"2025-07-15T02:52:58","slug":"fx-market-update-august-2019","status":"publish","type":"post","link":"https:\/\/tat.capital\/?p=3368","title":{"rendered":"FX Market Update &#8211; August 2019"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3368\" class=\"elementor elementor-3368\">\n\t\t\t\t<div class=\"elementor-element elementor-element-642daa4 e-flex e-con-boxed e-con e-parent\" data-id=\"642daa4\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-147f270 elementor-widget elementor-widget-heading\" data-id=\"147f270\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">FX Market Update - August 2019<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fec00d3 hfe-post-info-layout-inline elementor-widget elementor-widget-post-info-widget\" data-id=\"fec00d3\" data-element_type=\"widget\" data-widget_type=\"post-info-widget.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"hfe-post-info-inline hfe-post-info-items hfe-post-info\">\n\t\t\t\t\t<li class=\"hfe-post-info-item elementor-repeater-item-d5d71e5 hfe-post-info-inline-item\" itemprop=\"datePublished\"> \n\t\t\t\t\t\t\t<a href=\"https:\/\/tat.capital\/?m=20250522\">\n\t\t\t\n\t\t\t\t\t<span class=\"hfe-post-info-text hfe-post-info__item hfe-post-info__item--type-date\">\n\t\t\t\n\t\t\t\t\t\t\tMay 22, 2025\t\t\t\t\t<\/span>\n\t\t\n\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t<li class=\"hfe-post-info-item elementor-repeater-item-e1e71aa hfe-post-info-inline-item\"> \n\t\t\t\n\t\t\t\t\t<span class=\"hfe-post-info-text hfe-post-info__item hfe-post-info__item--type-time\">\n\t\t\t\n\t\t\t\t\t\t\t3:54 am\t\t\t\t\t<\/span>\n\t\t\n\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2ee9405 elementor-widget elementor-widget-text-editor\" data-id=\"2ee9405\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"margin-bottom: 15px; color: #888888; font-size: 16px; font-style: normal; font-weight: 400;\">Key Insights:<\/p><ul style=\"margin-bottom: 0px; margin-left: 0px; padding-block: 5px 0px; padding-inline: 20px 0px; color: #888888; font-size: 16px; font-style: normal; font-weight: 400;\"><li style=\"padding-block: 5px; padding-inline: 0px; list-style: inherit;\">AUD index against major trading partners shows a clear negative trend for currency since its peak in 2012.\u00a0<\/li><li style=\"padding-block: 5px; padding-inline: 0px; list-style: inherit;\">Over the past 12 months, AUD has weakened against most major currencies, the largest weakness was\u00a0noted against the Yen and Swiss Franc.\u00a0<\/li><li style=\"padding-block: 5px; padding-inline: 0px; list-style: inherit;\">AUD weakness is also evident over the longer-term period of 3, 5 and 7 years which has benefited investors with unhedged offshore investments \u2013 growth and defensive.\u00a0<\/li><li style=\"padding-block: 5px; padding-inline: 0px; list-style: inherit;\">The weakness of the AUD has been fundamentally driven \u2013 while the commodity prices have been improving, the rate differential between Australian and 2-year is at 20-year lows. This has been underpinned\u00a0by weaker GDP growth, lower inflation and dovish central bank.\u00a0<\/li><li style=\"padding-block: 5px; padding-inline: 0px; list-style: inherit;\">The outlook for AUD is positive against Swiss Franc and Euro but negative against the Pound, USD and\u00a0Yen.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f2e0de7 elementor-widget elementor-widget-button\" data-id=\"f2e0de7\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/tat.capital\/wp-content\/uploads\/2025\/06\/FX-Market-Update-August-2019_Final_tat.pdf\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read Full Brief<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>FX Market Update &#8211; August 2019 May 22, 2025 3:54 am Key Insights: AUD index against major trading partners shows [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3807,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_canvas","format":"standard","meta":{"inline_featured_image":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[9],"tags":[48],"class_list":["post-3368","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights","tag-foreign-exchange"],"_links":{"self":[{"href":"https:\/\/tat.capital\/index.php?rest_route=\/wp\/v2\/posts\/3368","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tat.capital\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tat.capital\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tat.capital\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tat.capital\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3368"}],"version-history":[{"count":5,"href":"https:\/\/tat.capital\/index.php?rest_route=\/wp\/v2\/posts\/3368\/revisions"}],"predecessor-version":[{"id":3767,"href":"https:\/\/tat.capital\/index.php?rest_route=\/wp\/v2\/posts\/3368\/revisions\/3767"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tat.capital\/index.php?rest_route=\/wp\/v2\/media\/3807"}],"wp:attachment":[{"href":"https:\/\/tat.capital\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tat.capital\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tat.capital\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}