The Australian Dollar has already risen as far its likely to against both the Pound and U.S. greenback, according to Westpac forecasts, and a possible Reserve Bank of Australia (RBA) quantitative easing program remains a risk to the antipodean currency.
February 12,2020
The Pound-to-Australian Dollar exchange rate is pointed lower in the near-term - a timeframe we define as the coming week - but how the pair evolves over coming days ultimately depends on news flow out of China concerning developments regarding the neo-coronavirus outbreak.
February 10,2020
Australian Dollar gains were swept away by a worldwide wave of profit-taking ahead of the weekend on Friday although it’s still the second best performer of the last five days due to fading coronavirus fears and a steep repricing of the Reserve Bank of Australia (RBA) interest rate outlook.
February 8,2020
The Australian Dollar was flying close to the sun on Thursday because a repricing of the Reserve Bank of Australia (RBA) outlook has left the antipodean unit vulnerable to the already-observable impact of the coronavirus that’s crippling China’s economy.
February 7,2020
The Pound weakened against higher-yielding rivals Wednesday and could be set for further declines against the Australian Dollar, according to strategists at TD Securities, who've reiterated an earlier reccomendation that clients sell the Pound-to-Australian Dollarr rate.
February 6,2020
The Australian Dollar ended the Tuesday session as the best performing major currency after the Reserve Bank of Australia (RBA) indicated further cuts to the cash rate are unlikely in the short-term, although Westpac says the rally has left it at risk of becoming expensive.
February 5,2020
The real engine of the Australian Dollar's jump is the guidance offered by the RBA which was more upbeat than many had been predicting.
February 4,2020
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