Australian Dollar News Directory

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

Surging iron ore prices have lit a fire under the Australian Dollar, allowing currency traders to ignore news that Chinese officials are looking to ban or raise tariffs on additional Australian exports.

December 10,2020

The Australian Dollar stalled with global markets on Thursday and could be susceptible to profit-taking if investor risk appetite continues to ebb given its recent outperformance and a further souring of relations with China, which targeted Australian wine exports with tariffs in the overnight session. 

December 10,2020

The Australian Dollar has touched a fresh 29-month high against the U.S. Dollar and is maintains a steady trend of appreciation against the British Pound, but beware a near-term setback warns a leading European lender and investment bank.

December 9,2020

The Australian Dollar was on the offensive Tuesday but remained below last week's highs, which are tipped by Westpac to keep the antipodean unit contained over the coming days as European troubles support the U.S. Dollar and the risk of another trade spat with China rises steadily in the background. 

December 8,2020

Australia's retail recovery is only at its beginning despite strong  growth in October announced overnight, although the Australian Dollar underperformed on Friday and is expected to remain more sensitive to the evolving global outlook than domestic developments, according to economists and strategists.

December 4,2020