Coronavirus Australia

The Australian Dollar remained a laggard in the penultimate session of the week as broadening coronavirus-inspired business closures and curbs on social contact cast a tall shadow of the outlook for Reserve Bank of Australia policy that could keep GBP/AUD supported and AUD/NZD suppressed for a while yet.

August 12,2021

Vaccination centre Australia

The Australian Dollar will remain capped for "some time yet", burdened by a slow vaccine rollout says an analyst at one of Australia's largest banks.

August 11,2021

Virus outbreak in China

"There’s no doubt that Australia and New Zealand will be the G10 countries most hurt if China's growth does slow." - Marshall Gittler, BD Swiss.

August 10,2021

Pound-Australian Dollar outlook

The Pound-to-Australian Dollar rate was levitating near to one-year highs early in the new week but could struggle to sustain a move above the nearby 1.8938 level over the coming days without a further breakdown in the AUD/USD exchange rate or a strong upside surprise in Thursday’s UK GDP data.

August 9,2021

Australian Dollar

The Pound-to-Australian Dollar rate may be curbing into a short-term consolidation range following a six percent rally thus far in 2021 and now that AUD/USD is showing signs of stabilisation, although the bigger picture may now be one of a longer-term paradigm change in the making.

August 5,2021

Philip Lowe

Despite a gruelling Sydney lockdown and expectations for the economy to shrink in the third quarter, the Reserve Bank of Australia has said it will continue to reduce its quantitative easing programme as per plans laid out in July.

August 3,2021

Australian Dollar and the RBA

The Pound-to-Australian Dollar rate is increasingly close to becoming the best performing Sterling exchange rate for 2021 and could see aggressive further upside if the Reserve Bank of Australia (RBA) comes out swinging on Tuesday in support of the troubled Australian economy.

August 2,2021

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