Australian Dollar News Directory

The Australian Dollar remained on its back foot overnight and into the Wednesday session after a Westpac survey showed consumer confidence retreating for a second consecutive month, helping Pound Sterling to its fifth day of gains over the Antipodean unit.

July 10,2019

The Australian Dollar was on the defensive at the beginning of the new week but is tipped by analysts at Commonwealth Bank of Australia (CBA) to prevail in its ongoing scrap for a key level over the coming days, as the U.S. Dollar weakens. 

July 9,2019

The Pound-to-Australian-Dollar rate was trading around 1.7914 Monday after falling almost a full percentage point in the previous week, but the pair is now in a downtrend that is expected to continue over the next five days.

July 8,2019

The Australian Dollar was softer Thursday as its earlier rally appeared to run out of steam although the Antipodean currency's fledgling recovery could risk being further undermined in the weeks and months ahead now the labour market is showing more signs of strain. 

July 5,2019

The Australian Dollar topped the G10 league table again Wednesday as a record trade surplus and higher building approvals for the month of May offered support to the Antipodean currency amid further signs the threat of lower Reserve Bank of Australia (RBA) interest rates is falling by the wayside as a driver of the Aussie. 

July 3,2019

The Australian Dollar rose to the top of the G10 league table Tuesday after the Reserve Bank of Australia (RBA) appeared to water down its commitment to further interest rate cuts, after delivering a second reduction in Aussie borrowing costs in just as many months. 

July 3,2019