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
The Pound-to-Australian Dollar rate has remained on its front foot this week even as other Sterling pairs have softened and could potentially breakout above its recent range ceiling to rise as far as 1.95 in the weeks and months ahead, if analysts are right to warn that the Aussie is on the verge of further steep declines.
August 18,2021
A combination of disappointing data out of China and renewed a renewed deterioration in Australia's Covid situation is expected to maintain pressure on the Australian Dollar over coming days.
August 16,2021
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