The fundamental backdrop underpinning the Australian Dollar was bolstered Thursday by news of a fresh record high in Australia's trade surplus, but struggling global equity markets appear to be preventing any liftoff in the currency in the near-term.
March 4,2021
The Australian Dollar is likely to appreciate over coming months as it plays catch up with a surge in value of global commodity prices, which have helped underpin the country's booming trade surplus.
March 2,2021
The Australian Dollar is struggling against the Pound, Euro, U.S. Dollar and other major currencies as a rise in U.S. bond yields threaten the global reflation trade and the Reserve Bank of Australia surprises investors with its latest interventions in the Aussie bond markets.
March 1,2021
Foreign exchange strategists at Australian lender and investment bank Westpac see the recent dip in the value of the Australian Dollar as being temporary.
February 26,2021
Good news on the Johnson & Johnson vaccine, a jump in Aussie Bond yields and strong investor demand for commodities are conspiring to lift the Australian Dollar.
February 25,2021
The Australian Dollar reached new three-year highs against the Australian Dollar but was kept in check by a dominant Pound following market-supporting comments from the U.S. Federal Reserve's Jerome Powell as well as decent wage numbers out of Australia.
February 24,2021
The Pound-to-Australian Dollar rate rose on Tuesday, helping preserve what remains a year-to-date gain for a British currency that is increasingly a market favourite for 2021, although nascent price action may be only just the beginning of a likely-losing battle by the Aussie to hold the GBP/AUD rate down.
February 23,2021
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