Australian Dollar in the week ahead

The Pound is up against the Australian Dollar at the start of the week but we note the near-term outlook remains negative for this exchange rate and therefore look for further losses.

April 22,2019

The Australian Dollar was still fighting in the wake of a strong March jobs report Thursday, to overcome a technical level that is key to further gains for the currency, which means price action into the Easter holiday weekend could prove significant to the outlook for the Antipodean unit. 

April 18,2019

The Australian Dollar advanced across the board Wednesday after a series of Chinese economic numbers surprised on the upside, further suggesting that "green shoots of recovery" are sprouting up in the world economy, which helped push the Antipodean unit over a key Rubicon-like milestone in the overnight session. 

April 17,2019

The Australian Dollar softened Tuesday after the minutes from the latest Reserve Bank of Australia (RBA) meeting showed rate setters contemplating the kind of economic conditions that would compel them to cut interest rates. 

April 16,2019

The Australian Dollar could be further buoyed this week by developments around the domestic and global economies while the New Zealand Dollar has a tough month ahead of it, which could make bets on a rise in the AUD/NZD rate a good idea, according to multiple analaysts. 

April 15,2019

The Pound-to-Australian-Dollar rate was lower Friday, lagging other Sterling pairs, after official data showed Chinese economic figures surprised on the upside and helped lift the Aussie Dollar to five-week highs. 

April 15,2019

The Australian Dollar was listless during morning trading Wednesday but is likely to see steep losses later in the year, according to the latest forecasts from Westpac, which are expected to drive the Pound-to-Australian-Dollar rate up to a post-referendum high despite the ongoing Brexit farce in the UK parliament. 

April 11,2019

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