Lowe

The Australian Dollar fell sharply in the wake of the decision by the Reserve Bank of Australia to cut interest rates and commit to a sizeable quantitative easing programme to stave off the negative economic impacts of the global coronavirus outbreak.

March 19,2020

Australian Dollar

Australian lender Westpac have today said they have lowered their forecasts for the Australian economy as a result of the coronavirus pandemic, as a result they now see a deeper recession occurring in 2020 than previously expected.

March 18,2020

Australian Dollar

The trend higher for Pound Sterling against the Australian Dollar is firmly intact at the start of the new trading week that sees yet further substantial losses for global stock markets and other assets associated with risk.

March 16,2020

RBA

The spot Pound-to-Australian Dollar exchange rate has moved back above the 2.0 level ahead of the weekend, amidst an ongoing selloff in the Australian Dollar.

March 13,2020

Australia has unveiled a massive A$17BN (£8.5BN) spending plan designed to curb the economic impact of the coronavirus pandemic and avert the country's first recession in 29 years.

March 12,2020

The Australian Dollar got the better of many major rivals Wednesday as the government prepared to unveil a major stimulus package intended to support Australia's economy through the coronavirus outbreak, but analyst opinion is divided on the outlook for the antipodean currency.

March 11,2020

Aussie dollar outlook recession

The Australian economy is being forecast to enter its first recession 20 years by local lender Westpac Bank, a prediction that if correct would likely entrench an ongoing spell of Australian Dollar weakness.

March 10,2020

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