The Reserve Bank of Australia could increasingly become a source of support to the Australian Dollar when it announces what amounts to a 'soft taper' at its July policy meeting.
June 7,2021
The Pound has reached a new seven-month high against the Australian Dollar ahead of the weekend amidst a critical break lower in the headline Australian-U.S. Dollar exchange rate (AUD/USD) and a potential turn in price of commodities.
June 4,2021
Given the strength of Australia's trade dynamics its currency could be notably stronger, with analysts saying a failure to rise can be placed squarely on the Reserve Bank of Australia's doorstep.
June 4,2021
The Pound-to-Australian Dollar exchange rate entered the mid-week session close to what may be an important level of support but could return toward recent highs around 1.84 over the coming days owing to uncertainties in and around the Aussie Dollar.
June 2,2021
While the Australian Dollar might have been left behind by booming commodity prices, it is unlikely to suffer any major decline, particularly if the country's latest trade data is anything to go by.
May 26,2021
The Australian Dollar could be stronger if it were not for the country's slow vaccination rollout say foreign exchange strategists at a leading Australian lender.
May 24,2021
The Australian Dollar was a straggler ahead of the weekend but could continue to frustrate the bullish side of the market for a while yet, according to forecasts from Rabobank, which suggest Reserve Bank of Australia (RBA) policy could prevent AUD/USD from getting back above even its February high of 0.79 all year.
May 21,2021
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