07 February 2020 Australian Dollar Caves amid Global Profit-taking Ahead of the Weekend

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 coronav…

Read more … →
06 February 2020 The Australian Dollar's Temperature Rises as Coronavirus Bites Companies and Economies

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 im…

Read more … →
05 February 2020 Pound a Sell Against Resurgent Australian Dollar says Leading Strategist

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 earl…

Read more … →
04 February 2020 Australian Dollar Rally Risks Making It "Expensive", Westpac Says 

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-ter…

Read more … →
04 February 2020 Australian Dollar Extends February Rally thanks to Cheery RBA Assessment

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.

Read more … →
03 February 2020 Australian Dollar Pushes Higher in Risk-on Markets, RBA Decision Looms

A supportive global backdrop for the Australian Dollar is further reinforced by expectations that no interest rate cut will be forthcoming from the Reserve Bank of Australia (RBA) this week, althou…

Read more … →
30 January 2020 Pound-Australian Dollar Rate Hits Post Referendum High as Virus Fears "Channelled via AUD"

The Australian Dollar was scraping the bottom of the barrel Thursday as investors vented their fears about the coronavirus outbreak through the China-linked antipodean currency, which suffered its …

Read more … →