The Australian Dollar advanced on a majority of major rivals Wednesday but was eyeing new highs against the U.S. Dollar as tensions between Washington and Beijing were overlooked amid progress in pursuit of a coronavirus vaccine.  

July 15,2020

The Australian Dollar was holding its own against the greenback and Pound Tuesday after a NAB survey revealed o a sharp recovery in business confidence during June but with earnings season afoot and geopolitical tensions returning, some analysts say the antipodean unit is vulnerable to a correction. 

July 14,2020

Exchange rates

The Pound-Australian Dollar exchange rate has been turning increasingly positive during the course of July, prompting a leading financial market analyst to question whether the pair has finally shaken its post-April downtrend and is about to go higher.

July 14,2020

Aussie Dollar

The Pound advanced 1.18% against the Australian Dollar last week, which made for the first weekly advance in a month and offer a rare spot of relief for Sterling sellers considering the trend has been resolutely lower since April.

July 13,2020

Aussie Dollar

Pound Sterling appears set to record its first weekly gain against the Australian Dollar in a month thanks to a 1.10% gain in the GBP/AUD exchange rate that took it to a high of 1.8159, but it remains too soon to suggest that a base has been found and the multi-week run lower has come to an end.

July 10,2020

The Australian Dollar underperformed Thursday as AUD/USD retreated from a formidable resistance barrier on the charts after being lifted in an overnight risk rally, although multiple analysts are tipping an upside breakout by the Aussie as likely. 

July 9,2020

Melbourne lockdown impact GBPAUD

The covid-19 outbreak in Melbourne and the subsequent six-week lockdown called for the city are unlikely to be game changers for the Australian Dollar say analysts at Westpac, who have updated clients with their latest forecasts for the GBP/AUD exchange rate.

July 10,2020

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