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

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

The Australian Dollar was undeterred from its advance on the greenback Wednesday by a new 'lockdown' of Victoria state that came into effect overnight, and the charts are still pointing the antipodean currency higher. 

July 8,2020

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