Australian Dollar News Directory

Foreign exchange analysts at global investment bank and financial services provider at MUFG have told clients they are raising their forecasts for the Australian Dollar, saying an Asia-led economic recovery stands to benefit Australia and its currency.

December 3,2020

The Australian Dollar was a laggard in global foreign exchange markets at the start of the new month, thanks in part to a central bank statement that confirmed the currency's strength is being monitored and concerns for the country's future trade ties with China.

December 1,2020

The Pound is forecast to experience a notable decline in valuation against the Australian Dollar in 2021 by analysts at HSBC, who say a Brexit deal won't be enough to prevent a decline.

November 30,2020

Australia's Dollar was again an outperformer among major currencies on Friday as risk appetites recovered into the weekend, although the antipodean unit has been tipped by Westpac for a break above September highs in the week ahead, which is seen placing it on course to score a near-three-year high next month.

November 27,2020

The Australian Dollar underperformed on Wednesday but could remain a straggler in the coming weeks as the risk of a double-dip U.S. recession builds, according to new and lower forecasts for Commonwealth Bank of Australia (CBA), although the Pound-to-Aussie rate is seen with little if-any upside potential.

November 26,2020

The reopening of the global economy should benefit currencies associated with global trade and growth, and according to analysts at investment bank Goldman Sachs, the Australian Dollar is a top pick in this field.

November 24,2020