The Australian Dollar fended off a sickly Pound in a risk averse market Friday as expectations of fiscal stimulus mounted down under, while Sterling was again a laggard among major currencies as investors offloaded 'risk assets' ahead of a weekend that could bring more adverse coronavirus headlines. 

March 6,2020

The Australian Dollar advanced across the board Wednesday following better-than-expected GDP data for the final quarter and is being tipped to go further in the coming days as interest rate differentials become less of a burden and as the coronavirus crisis takes a heavier toll on other currencies.

March 4,2020

The Australian Dollar fell back against the Pound in the wake of the Reserve Bank of Australia's (RBA) decision to cut the cash rate by 25 basis points, taking Australia's basic interest rate from 0.75% to 0.50%.

March 3,2020

Global central banks look ready to step in and mitigate the impact of the coronavirus outbreak, a move that has buoyed global markets and the risk-sensitive Australian Dollar, ahead of an important Reserve Bank of Australia monetary policy meeting.

March 2,2020

The Australian Dollar hit its lowest level since March 2009 Wednesday as investors continued to count the possible cost to the global economy from the spread of the new coronavirus, although strategists at Westpac have preemptively told clients the antipodean currency is "not cheap."  

February 26,2020

The Australian Dollar is mixed at the start of the new week, trading lower against the traditional 'safe haven' currencies such as the Dollar, Yen and Franc amidst a resurgence of coronavirus jitters in global markets. However the Australian unit is notching up some gains against the likes of Sterling and the Canadian Dollar.

February 24,2020