The Pound-to-Australian Dollar exchange rate appears to have decidedly turned trend and looks set to head lower in the short-term, following a break below a temporary resistance area located in the…
Read more … →The Australian Dollar is expected to remain under pressure for the foreseeable future as a global crunch in commodity prices remain the primary driver of the currency, eclipsing the news that the c…
Read more … →The Australian Dollar traded broadly lower on Tuesday, April 21 amidst softer global market conditions and unsupportive domestic developments that include news that Virgin Australia has entered adm…
Read more … →The Australian Dollar's recent three-week rally against the likes of the U.S. Dollar, Euro and British Pound could be at risk of capitulating, if the expectations of analysts at Australian lender N…
Read more … →The Australian Dollar found its footing against the U.S. Dollar and Pound Sterling Friday but is said to be vulnerable to fresh losses going forward due to overvaluation and a still-dire outlook fo…
Read more … →The Australian Dollar lost further purchasing power on global FX markets on Thursday amidst an environment of subdued market sentiment, with a further half a percent loss being recorded against the…
Read more … →The Australian Dollar's recovery is in danger of flipping over thanks to a sharp reversal in fortunes witnessed in mid-week trade that has seen the currency drop three quarters of a percent against…
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