Australian Dollar News Directory

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

The Australian Dollar is still fundamentally undervalued even after its forty percent rally from March 2020 lows, according to analysts at Commonwealth Bank of Australia (CBA), who say that surging commodity prices are lifting model-derived estimates of the currency’s underlying worth.

January 12,2021

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