The Pound-to-Australian Dollar rate entered the holiday-shortened week on its front foot and with scope to rise as far 1.90 or slightly above over the coming days, although Sterling could be pressured lower into a retest of support at 1.88 later this week in the event of further U.S. Dollar declines.

August 30,2021

Australia's Dollar was on the back foot in the penultimate session of the week but had risen against currencies of most Australian trade partners for the week overall in a sign it could be bottoming after a lengthy run of losses, although many forecasts suggest a recovery remains some way off.

August 26,2021

The Australian Dollar might be the worst performing major currency of the past month, but steady gains are likely to be realised from the end of 2021 and through to 2023.

August 25,2021

The Aussie looks set to record a third consecutive daily advance against the Pound, U.S. Dollar and other major currencies, although gains are tipped by analysts to remain limited in light of strict Covid lockdowns impacting the majority of the country's population.

August 24,2021

The Australian Dollar's fair value has fallen notably over recent weeks says Commonwealth Bank of Australia, reinforcing a view that the currency is liable to maintain its current trend of depreciation.

August 20,2021

The Australian Dollar's run of weakness extends, driven by a combination of soft global investor sentiment linked with fears of an Asian economic slowdown and the idiosyncratic risks associated with Australia's own Covid-19 outbreak.

August 19,2021