Any rebounds in the U.S. Dollar should be temporary say strategists at Standard Chartered, viewing any bounces as a tactical opportunity to buy into other currencies such as the Pound, Euro and Australian Dollar over the course of 2021.
January 20,2021
A material increase in Australian iron ore exports combined with a strong rebound in coal and LNG exports have propelled the Australian Dollar higher over recent weeks, and further gains are likely according to some analysts.
January 19,2021
Pound Sterling was battling to extend a short-term recovery against the Australian Dollar on Monday as investors cheered strong economic data out of China and advances in commodity prices.
January 18,2021
Australia's Dollar was a laggard among major currencies on Friday as risk-aversion prevailed among investors ahead of the weekend but the antipodean unit remains undervalued and robust prospects for the iron ore market have continued to limit the currency's downside potential.
January 17,2021
The Australian Dollar's outperformance in 2020 puts it on a strong footing at the start of the new year, but some analysts say investors must be aware that the exceptional performance of past months might not be repeated in 2021.
January 14,2021
The Australian Dollar was a laggard and Sterling an outperformer on Wednesday as a stalling iron market conspired with the Bank of England (BoE) to incite the Pound-Aussie rate into a fifth consecutive increase, but the British currency could eventually struggle to get past 1.80.
January 13,2021
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