Australian Dollar News Directory

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

Record low wage price rises are unlikely to sway the Reserve Bank of Australia and means the current cycle of interest rate cuts could now be over, which in turn translates into firming Australian Dollar over coming months.

November 18,2020

The Australian Dollar was on the offensive Tuesday and could soon reclaim its early September high against the U.S. Dollar, according to technical analysts at Commerzbank, as vaccine progress stokes optimism about the global recovery.

November 17,2020

The Australian Dollar starts the new week on the front-foot despite news of a fresh covid-19 outbreak in South Australia, a development that foreign exchange markets appear willing to overlook amidst rising stock markets and optimistic comments from the Reserve Bank of Australia's Governor Philip Lowe.

November 16,2020

The Australian Dollar remained an outperformer for the week and month on Friday but has been tipped as a buy at Westpac, with any dips in the main exchange rate AUD/USD viewed as offering buying opportunities, although the outlook for GBP/AUD remains hinged on Brexit trade talks that are in their final stage.

November 14,2020