The Australian Dollar is expected to remain under pressure for the foreseeable future as a global crunch in commodity prices remain the primary driver of the currency, eclipsing the news that the country will lead the world in exiting the covid-19 crisis.

April 22,2020

The Australian Dollar traded broadly lower on Tuesday, April 21 amidst softer global market conditions and unsupportive domestic developments that include news that Virgin Australia has entered administration.

April 21,2020

The Australian Dollar's recent three-week rally against the likes of the U.S. Dollar, Euro and British Pound could be at risk of capitulating, if the expectations of analysts at Australian lender NAB are proven correct.

April 20,2020

The Australian Dollar found its footing against the U.S. Dollar and Pound Sterling Friday but is said to be vulnerable to fresh losses going forward due to overvaluation and a still-dire outlook for the global economy, which might help keep the Pound-Australian Dollar rate on an upward trajectory. 

April 17,2020

The Australian Dollar lost further purchasing power on global FX markets on Thursday amidst an environment of subdued market sentiment, with a further half a percent loss being recorded against the U.S. Dollar leading investors to question the sustainability of the Aussie Dollar's recent recovery.

April 16,2020

The Australian Dollar's recovery is in danger of flipping over thanks to a sharp reversal in fortunes witnessed in mid-week trade that has seen the currency drop three quarters of a percent against Pound Sterling and over a percent against the Dollar.

April 15,2020