Aussie Dollar forecast Morgan Stanley

The direction of travel for the Australian Dollar remains negative for now say analysts at Morgan Stanley who are concerned with the "asymmetric" risks posed to the economy posed by the Covid-19 Delta variant.

July 20,2021

Australian Dollar outlook

The Pound-to-Australian Dollar rate has hit new one-year highs but could rise as far as 1.89 over the coming days as the coronavirus closes Australia’s economy anew and threatens to scupper the Reserve Bank of Australia’s (RBA) planned winding down of its quantitative easing programme.

July 19,2021

Australian Dollar and new lockdowns

The Australian Dollar is being tipped to struggle by strategists in the wake of news that the state of Victoria will join Sydney in lockdown.

July 15,2021

Aussie Dollar close up

The Australian Dollar has taken a cold shower in recent months, one made longer by the Federal Reserve’s (Fed) shake up of the market in June, but newly downgraded Westpac forecasts are holding out for an antipodean comeback that is expected to push GBP/AUD lower before year-end.

July 14,2021

Australian Dollar assisted by Chinese data

The Australian Dollar was seen outperforming peers following the release of some stronger-than-expected Chinese data, confirmation that developments in the world's number 2 economy remain an important driver of moves in the currency.

July 13,2021

China and Australia

The Pound-to-Australian Dollar exchange rate (GBP/AUD) has tested a fresh one-year high at the start of a new week, amidst signs that the Sydney lockdown will be extended and growing concerns over the Chinese economy.

July 12,2021

Australian Dollar forecasts lowered

The Australian Dollar could remain a laggard among major currencies in the coming months, according to newly downgraded forecasts from Commonwealth Bank of Australia, in a performance that is seen helping GBP/AUD to eventually sustain its recent move above 1.85.

July 9,2021

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