Australian Dollar News Directory

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

The Australian Dollar outperformed all its major rivals Friday to claim the top spot in the major currency league table after the latest in a run of positive economic figures eased concerns about the prospect of a February rate cut from the Reserve Bank of Australia (RBA). 

January 12,2020

The Pound-to-Australian Dollar rate recovery appeared to be faultering Thursday as Sterling retreated from a resilient antipodean rival for the second day running, although economic headwinds down under could yet prevent the exchange rate's 'Boris bounce' from being completely undone. 

January 9,2020

The Australian Dollar remains under pressure as foreign exchange markets bet that the Reserve Bank of Australia (RBA) is poised to cut interest rates again as early as February.

January 8,2020

The GBP/AUD advance comes in sympathy with a broad-based rally by the Pound and talk of a potential interest rate cut being delivered by the RBA as early as February.

January 7,2020