Australian Dollar News Directory

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

The Australian Dollar remained one of the better performing major currencies of the period in the mid-week session but its recovery prospects are likely limited, according to Capital Economics, and downside risks are growing due to developments around commodity prices and the Chinese economy.

July 7,2021

The Australian Dollar was the best performing major currency on the day the Reserve Bank of Australia (RBA) said it would start slowing down its asset purchase programme in a nod to the economy's ongoing strength.

July 6,2021

The Pound-to-Australian Dollar exchange rate (GBP/AUD) has fallen into the middle of its June-July range at 1.8390, an entirely predictable move given the gravitas of the looming policy update from the Reserve Bank of Australia (RBA).

July 5,2021

The Pound-to-Australian Dollar exchange rate is one of few Sterling pairs to have remained on its front foot in the last month, although analysts at Westpac say it could rise further over the short-term. 

July 2,2021

Foreign exchange analysts say the increased uncertainty caused by new lockdowns in Australia over recent days could trigger further Australian Dollar weakness, but only if the Reserve Bank of Australia becomes more cautious.

June 29,2021