Australian Dollar News Directory

The near-term outlook has turned less favourable for the Australian Dollar say economists at Wells Fargo in their latest global economic and exchange rate forecast update, although they remain of the view the currency will ultimately trend higher in 2022.

July 30,2021

The Australian Dollar looks set to round of the month of July as the second-worst performer in the G10 space, burdened by expectations that a slew of lockdowns to contain Covid-19 will result in an economic contraction in the third quarter of the year.

July 28,2021

Foreign exchange trading strategists at big-name investment banks are targeting a rise in value in the British Pound against the Australian Dollar, citing a divergence in pandemic fortunes between the two countries over coming weeks.

July 27,2021

The British Pound has reached a new 14-month high against the Australian Dollar and there is potential for further gains amidst concerns the Australian economy will suffer a slowdown in the third quarter owing to ongoing lockdowns.

July 26,2021

Media reports out this week suggest the Reserve Bank of Australia is likely to maintain generous monetary policy conditions in light of the current lockdowns, a view numerous economists now agree with.

July 28,2021

The Pound-to-Australian Dollar rate was edging higher at the mid-week milestone, aided by an ongoing antipodean underperformance that has got the Aussie closing in on the bottom spot among major currencies for 2021 and which could see GBP/AUD rising to 1.94 in the coming months, according to Commonwealth Bank of Australia.

July 21,2021