Australian lender ANZ have released research detailing how they believe the Reserve Bank of Australia is underestimating the scale of the economic rebound awaiting the country, a view which could have supportive implications for the Australian Dollar if correct.
May 12,2021
The Pound-to-Australian Dollar rate advanced early in the new week amid widespread gains for Sterling, although an ongoing decline in U.S. Dollar exchange rates poses downside risks to GBP/AUD’s current 1.78-to-1.8050 range up ahead.
May 10,2021
Australian Dollar resilience was on show over the past 24 hours as surging iron ore prices provided a protective barrier against news that China was walking out of a key trade agreement over a spat concerning a northern port.
May 7,2021
The Australian Dollar was a laggard in global foreign exchange markets Thursday after China suspended a key trade accord with Australia.
May 6,2021
The Pound-to-Australian Dollar exchange rate has shifted onto its front foot and could remain buoyant over the coming days before trading an ascending range in the weeks thereafter as the relative central bank policy outlook argues for outperformance by Sterling and a higher GBP/AUD.
May 4,2021
A surge in iron ore prices has analysts at one Australian lender saying the fair-value of the Australian Dollar has risen to above the levels the currency currently finds itself at.
April 28,2021
The Australian Dollar is "now back in the ascendancy" against the U.S. Dollar says National Australia Bank (NAB), although their latest suite of currency forecasts show the Australian unit could lose ground against the Pound over coming months.
April 26,2021
Page 104 of 280