Australian Dollar

Foreign exchange strategists at Westpac have told clients that they are increasingly cautious on the Australian Dollar's ability to outperform its peers, noting that much of the good news that has pushed the currency higher has been absorbed.

June 10,2020

Australian Dollar exchange rate

The Australian Dollar has endured a 1.0%+ decline against the British Pound, Euro and U.S. Dollar on Tuesday as the recent recovery in stock markets and commodity prices suffers a rare setback that has combined with a formidable technical resistance point in the market.

June 9,2020

Aussie Dollar

Pound Sterling has now suffered give consecutive weeks of decline against the Australian Dollar and 7 of the past 9 weeks have resulted in losses, confirming momentum in GBP/AUD is resolutely negative and there is little to suggest a turnabout in fortunes.

June 8,2020

Aussie Dollar outlook

While the AUD is the best performing major currency of the past month, this stellar run is not expected to last according to analysis from investment bank Crédit Agricole, who say a turn lower is likely over coming months.

June 5,2020

The Pound-to-Australian Dollar rate was on course for a fifth weekly decline Thursday as an important round of Brexit trade negotiations neared its end, although it might take more than a British capitulation in talks with the EU to save Sterling from further losses against its Antipodean rival.

June 4,2020

Exchange rate analysis

A relentless advance by the Australian Dollar appears to have been paused on Thursday, yet we are under no illusion that the market remains overwhelmingly in favour of the Aussie recording further gains against the likes of the Euro, Dollar and British Pound over the near-term timeframe.

June 4,2020

Australian Dollar reliance on China

The Pound-to-Australian Dollar exchange rate has fallen a further half-percent to trade at 1.8137 in mid-week trade, as a multi-week rally in the Australian Dollar shows no signs of fading.

June 4,2020

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