Australian Dollar News Directory

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

The Australian Dollar advanced against most major currencies on Wednesday but increasingly risks becoming a laggard in the months ahead, according to new research from Westpac, as the Reserve Bank of Australia (RBA) expands its balance sheet through an enhanced quantitative easing programme. 

November 12,2020

The Australian Dollar and other 'risk on' currencies that show a strong positive correlation with the performance of global stock markets were outperforming at the start of the new week, amidst a combination of investor relief at news that Pfizer's vaccine candidate has been successful and that the U.S. election cycle is coming to a conclusion.

November 9,2020

The Australian Dollar was unfazed Friday by reports warning of further imminent trade troubles with China as global factors instead set the agenda for antipodean exchange rates, although long-term risks posed by changes in Chinese commodity demand could still be significant. 

November 6,2020

The Australian Dollar was an outperformer in another day of gains for risk assets including commodity-linked currencies but the outlook for the antipodean unit may have been bolstered this week with the tentative outcome of the U.S. election, according to strategists at Deutsche Bank. 

November 6,2020