Australian Dollar News Directory

The monthly chart shows GBP/AUD hitting a wall of resistance at the level of the formidable 50-month moving average which has repeatedly rejected attempts to penetrate it ever since March 2018. Whilst, of course, it could break higher, it would have to break clearly above the 1.8732 highs for confirmation.

January 13,2019

The Australian Dollar continued to trade on its front foot Friday as optimism about trade talks between the U.S. and China helped lift markets and as investors responded to a strong set of retail sales numbers for November.  

January 11,2019

The Pound-to-Australian-Dollar rate will soon return to its December low, according to analysts at Westpac, as the Brexit clock runs down in London and negotiators elsewhere close in on an agreement to end the so-called trade war between the world's two largest economies. 

January 10,2019

The Australian Dollar put in another positive performance Tuesday even after official data revealed a steep fall in the nation's trade surplus for November, and is likely to remain on its front foot over the coming weeks according to analysts at Westpac.

January 9,2019

The Australian Dollar was lifted Monday by a surprise injection of stimulus into the Chinese economy from authorities, and is likely to edge steadily higher throughout 2019 according to forecasts from Commonwealth Bank of Australia (CBA). 

January 7,2019

From a technical perspective the Pound is preferred over the Australian Dollar next week owing to an entrenched uptrend. However, political anxiety out of the UK could well ensure general GBP volatility.

January 6,2019