Australian Dollar

Foreign exchange strategists at Citi have said they retain a bullish approach to the Australian Dollar outlook, a view they say is further vindicated by strong Australian employment data out on Thursday.

March 18,2021

The Australian Dollar steadied Tuesday after lacklustre U.S. retail sales data deflated the greenback's tyres, but appetite for the antipodean unit could be tested alongside the nerves of the Federal Reserve (Fed) Wednesday, ahead of an important dialogue between U.S. and Chinese diplomats in Alaska. 

March 16,2021

Aussie Dollar faces iron ore headwinds

The British Pound advanced a third of a percent against the Australian Dollar at the start of the new week after the Aussie currency struggled in the face of fresh headwinds besetting the iron ore market, a headwind that could grow stronger say a number of commodity analysts we follow.

March 15,2021

The Pound-to-Australian Dollar rate in the black for the year-to-date even as it beat a retreat on Thursday but could be likely to see one-year highs and above before the curtain closes on 2021, according to new upgraded forecasts from Commonwealth Bank of Australia and Nomura. 

March 11,2021

The Australian Dollar languished near the bottom of the major currency pile on Wednesday as the U.S. Dollar outperformed, although the Aussie remains a favourite with forecasters and the outlook for it supported by solid fundamentals that were acknowledged further by the Reserve Bank of Australia (RBA) mid-week. 

March 10,2021

Australian Dollar

The Australian Dollar fell to a new three-month low against the British Pound and will likely remain under pressure as long as iron ore prices struggle, according to analysts we follow.

March 9,2021

Australian Dollar

The British Pound looks set to retest recent February highs against the Australian Dollar over coming days as the UK currency remains an outperformer in the foreign exchange space.

March 8,2021

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