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
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
The Australian Dollar is being topped to benefit from "bullish vibes from faster Asian recovery" in 2021 at Société Générale.
December 14,2020
The Pound-to-Australian Dollar rate fell to two-year lows Friday but faces further steep declines if Britain and the EU fail to reach a trade agreement this month.
December 13,2020
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