Australian Dollar News Directory

Australia's Dollar was in retreat Friday amid Chinese trade hostilities, soft global markets and expectations of a Reserve Bank of Australia (RBA) rate cut.

October 16,2020

The Australian Dollar was sent lower in the wake of comments from Reserve Bank of Australia governor Philip Lowe that signalled further interest rate cuts and an expansion of the existing quantitative easing programme was coming.

October 15,2020

The Pound-to-Australian Dollar rate could recover briefly to levels not since this May in response to any Brexit trade agreement announced over the coming weeks, NAB forecasts suggest, although the bank has also warned that heavy losses could befall Sterling this week if the UK walks away from the negotiating table. 

October 14,2020

Reports that Chinese power stations, steel mills and ports have been told to stop taking in Australian coal have hit valuations in the Australian Dollar, according to foreign exchange analysts.

October 13,2020

The Australian Dollar toppled into the new week with the Chinese Yuan on Monday but buoyant stock markets, bearish investor sentiment toward the U.S. Dollar and domestic jobs figures are among the factors that are expected to drive an anticipated outperformance from here. 

October 12,2020

The Australian and New Zealand Dollars rose broadly in the final session of the week even as they pay the cost of continued international border closures but next year a reopening of decimated domestic tourism sectors could provide antipodean economies, and currencies, with a late 2021 shot in the arm. 

October 9,2020