Australian Dollar News Directory

The Pound is forecast to lose further ground to the Australian Dollar, with momentum studies of the charts confirming the Aussie Dollar is favoured over its British counterpart.

January 11,2021

The Australian Dollar remained the second best performing major currency of 2021 on Friday but gains relative to the Euro have been less remarkable than against the Japanese Yen and Commonwealth Bank of Australia is now wagering on a catch-up that if successful, would push EUR/AUD to its lowest since 2017. 

January 8,2021

The Aussie is likely to push the Pound-to-Australian Dollar exchange rate to a three-year low as it continues to outperform  in the weeks ahead, according to TD Securities, although analysts at Commerzbank have warned that further strength would risk prompting a Reserve Bank of Australia (RBA) complaint.

January 8,2021

Foreign exchange strategists at HSBC have recommended buying the Australian Dollar on the expectation that further gains for the antipodean currency to gain exposure to the global economic recovery and rising commodity prices.

January 6,2021

The Australian Dollar outperformed on Tuesday as global markets stabilised following an earlier sell-off and as investors rewarded further evidence of a robust recovery being under way in the domestic economy after job advertisements rose sharply in December.

January 5,2021

The Australian Dollar rose on Wednesday as currency markets continued to look on the brighter side of a coronavirus-contaminated outlook, with the antipodean currency's strength enabling it to constrain an otherwise outperforming Pound Sterling. 

December 30,2020