The Pound-to-Australian Dollar exchange rate has rallied back above the 1.80 level having posted a 0.90% advance on Tuesday and technical studies suggest further advances could be possible in the short-term, however the longer-term trend does still appear to be pointed lower.

July 8,2020

The Australian Dollar underperformed major rivals including Pound Tuesday after nearly a fifth of the country's population was placed back into 'lockdown' and the Reserve Bank of Australia (RBA) warned of an uncertain path back to the pre-coronavirus economy.

July 7,2020

Foreign exchange analysts at Commonwealth Bank of Australia say the Australian Dollar is due a "pause for breath" from its multi-week trend of appreciation, amidst "surging coronavirus cases in the U.S. and elsewhere".

July 6,2020

The Australian Dollar was outperforming major rivals on Friday gains were limited as risk assets ebbed in what was also the beginning of a long holiday weekend for Americans, which comes as the next Reserve Bank of Australia (RBA) policy decision looms over the week ahead. 

July 3,2020

The Pound-to-Australian Dollar rate faces a long and steady downtrend according to new forecasts from Aussie lender St George Bank, which sees the antipodean unit riding a global economic recovery back toward its post-float average in the coming years, although Sterling is tipped for a short-lived plateau this summer.

July 2,2020

Australia continues to earn more from international trade than it spends, confirming that a significant fundamental anchor for the currency exists that could result in further strength over coming weeks and months.

July 2,2020