Australian Dollar News Directory

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

The Pound-to-Australian Dollar exchange rate started the new week with a bid that took it back to levels last achieved on November 10 at 1.8226, courtesy of a supportive technical setup and improved fundamental sentiment towards the UK currency owing to Brexit trade negotiation developments.

November 23,2020

The Australian Dollar fell widely on Thursday amid a rebound in U.S. Dollar exchange rates, but could remain on the back foot for weeks yet resistance bars its path higher on the charts while coronavirus developments keep the negatively correlated greenback from falling to new lows.

November 19,2020