Australian Dollar outperformance in 2020

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

The Pound-Australian Dollar rate recovered its footing as the U.S. Dollar dominated in risk-averse holiday trade Tuesday, although lingering Brexit and coronavirus risks leave Sterling susceptible to underperformance and could be enough to ensure a continued range-trade throughout the week.

December 22,2020

Aussie Dollar iron ore

The trade war with China has yet to leave an impact on sentiment towards Australia's economy in general and the Australian Dollar in particular, but this could soon change.

December 18,2020

The Australian Dollar was a leader among major currencies on Thursday after a better-than-expected November jobs report and upbeat government fiscal update helped it to break above a key resistance barrier on the charts, a move which could now put January 2018 highs in the pipeline 

December 17,2020

The Australian Dollar edged lower on Tuesday and could now face a period of sideways consolidation after reaching a key technical milestone and as a trade spat wtih China simmers, although forecasters still see the antipodean unit advancing further in 2021 and almost irrespective of what Beijing does with its tariffs.

December 15,2020

Page 110 of 277

Theme: GKNEWS