Australian Dollar News Directory

The Australian Dollar pared earlier losses against most counterparts in the final session of the week after Reserve Bank of Australia (RBA) Governor Philip Lowe gave a cautiously upbeat assessment of the economic outlook and reportedly indicated that interest rates might already have risen as far as they’re likely to. 

August 11,2023

The Australian Dollar is one of the worst-performing of the major currencies over the course of the past month and year but a better performance awaits into year-end say some analysts, noting the Reserve Bank of Australia will hike interest rates again and that Chinese growth disappointments are peaking.

August 10,2023

The Australian Dollar slipped to a fresh 2023 low against the British Pound and was softer against all its major peers on the day it was announced China saw a sharp slump in both imports and exports in July as an economic malaise continued.

August 8,2023

GBPAUD remains in a clear uptrend that could ultimately allow for further advances to fresh highs over the coming weeks, although near-term weakness is possible over the coming days of August.

August 7,2023

The Australian Dollar is down against the Pound, Dollar, Euro and all G10 peers after the Reserve Bank of Australia (RBA) kept interest rates unchanged.

August 9,2023

GBPAUD remains in an uptrend that is yet to show any signs of decay and further advances are therefore likely, however, two central bank meetings will set the tone for this pair in the coming week.

July 31,2023