Australian Dollar News Directory

The Australian Dollar and other 'commodity currencies' lost ground against major peers such as the Pound, Euro and U.S. Dollar on signs U.S. politics were headed for acrimony amidst a tightly fought presidential election, and analysis from Commonwealth Bank of Australia suggests further losses are possible.

November 4,2020

The Australian Dollar overlooked an aggressive easing of monetary policy at the Reserve Bank of Australia (RBA) and a landmark threat of intervention in the currency market on Tuesday as the pending U.S. election dominated the agenda for investors, but analysts say the bank's new policy bent leaves the Aussie vulnerable. 

November 3,2020

News that China is looking to ramp up a trade war with Australia could weigh on the longer-term outlook for the Australian Dollar according to analysts, however near-term price action in the currency was positive at the start of what is billed to be a busy week as global investors looked towards the U.S. election.

November 2,2020

The Australiaan Dollar was treading water on Friday and could be volatile in the coming days when October's Reserve Bank of Australia (RBA) policy decision is unveiled just as Americans vote in the all-important U.S. election, although a range of analysts see the Aussie Dollar rally surviving next week's turbulence.

October 30,2020

The Australian Dollar advanced against most major rivals on Wednesday in a performance that was incongruous with its commodity sensitivity and investors’ increased concerns over the European coronavirus situation, although some analysts say this strength is likely to fade promptly.

October 28,2020

The Pound-to-Australian Dollar exchange rate could rise to a five-month high above 1.90 in the event that a Brexit trade deal is reached over the coming weeks, according to research from Commonwealth Bank of Australia, as Sterling enjoys a relief rally and the Reserve Bank of Australia (RBA) keeps the Aussie on its back foot. 

October 27,2020