The Australian Dollar (AUD) weakened against the US Dollar (USD) on Tuesday as downward pressure mounted on the AUD/USD pair.

The AUD/USD pair appreciates as the Australian Dollar recovers from two-year lows ... it remains within a descending channel on the daily chart. However, the 14-day Relative Strength Index ...

AUD/USD and NZD/USD rebound from strong support and look for the next direction, while USD/JPY trades within the descending channel.

Of course, the Australian dollar-US dollar exchange rate doesn't tell the whole story. As you can see on the dark blue line on the chart above, the TWI has weakened but not as sharply as the AUD ...

John Hawkins was formerly a senior economist at the Reserve Bank, the Australian Treasury and the Bank for International Settlements.. You may have seen stories the Australian dollar has ...

The Australian ... Our dollar had already fallen a lot from its lofty heights a decade ago, but the most recent period since December has really rubbed our noses in it. As the next chart shows ...