The Australian Dollar has touched a fresh 29-month high against the U.S. Dollar and is maintains a steady trend of appreciation against the British Pound, but beware a near-term setback warns a leading European lender and investment bank.

December 9,2020

The Australian Dollar was on the offensive Tuesday but remained below last week's highs, which are tipped by Westpac to keep the antipodean unit contained over the coming days as European troubles support the U.S. Dollar and the risk of another trade spat with China rises steadily in the background. 

December 8,2020

Australia's retail recovery is only at its beginning despite strong  growth in October announced overnight, although the Australian Dollar underperformed on Friday and is expected to remain more sensitive to the evolving global outlook than domestic developments, according to economists and strategists.

December 4,2020

The fundamental ingredients for a strong rally in the Australian Dollar in 2021 are in place say analysts at NAB, however near-term declines cannot be ruled out.

December 3,2020

Foreign exchange analysts at global investment bank and financial services provider at MUFG have told clients they are raising their forecasts for the Australian Dollar, saying an Asia-led economic recovery stands to benefit Australia and its currency.

December 3,2020

The Australian Dollar was a laggard in global foreign exchange markets at the start of the new month, thanks in part to a central bank statement that confirmed the currency's strength is being monitored and concerns for the country's future trade ties with China.

December 1,2020