Australian Dollar News Directory

The Pound notched up one of its strongest intraday gains over the Australian Dollar  Wednesday as the British currency continued to stabilise after a week of losses and as traders eschewed the Aussie ahead of an important December jobs data from down under. 

January 23,2020

The Pound-to-Australian Dollar exchange rate edges lower at the start of the week, in line with a broadly weaker Sterling and technical conditions that advocate for further weakness in the near-term, however some key data release out of both Australia and the UK this week could shake the market.

January 20,2020

The Australian Dollar advanced on the Pound Friday but the antipodean unit is likely to reverse course and cede ground to its British rival in the months ahead, according to new research from Westpac, as interest rate cuts in the UK and Australia are set to leave Sterling with an edge over the Aussie.

January 21,2020

Foreign exchange analysts at Wall Street bank Morgan Stanley are entering 2020 with a bearish stance on the Australian Dollar, saying a subdued domestic economy will ultimately prompt the Reserve Bank of Australia into cutting interest rates.

January 16,2020

The Pound is already plumbing the bottom of the major currency barrel for 2020 but it could fall further against the Australian Dollar in the weeks ahead if the UK economic newsflow remains downbeat, according to Commonwealth Bank of Australia (CBA). 

January 15,2020

Weakness in the Australian Dollar is being forecast to remain a feature on global currency markets for some time yet, as a supportive global picture contrasts to growing domestic headwinds that have seen a rapid increase in bets that the Reserve Bank of Australia will cut interest rates to 0.50% in February.

January 13,2020