The Australian Dollar fell to a new three-month low against the British Pound and will likely remain under pressure as long as iron ore prices struggle, according to analysts we follow.
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The British Pound looks set to retest recent February highs against the Australian Dollar over coming days as the UK currency remains an outperformer in the foreign exchange space.
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The fundamental backdrop underpinning the Australian Dollar was bolstered Thursday by news of a fresh record high in Australia's trade surplus, but struggling global equity markets appear to be pre…
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The Australian Dollar is likely to appreciate over coming months as it plays catch up with a surge in value of global commodity prices, which have helped underpin the country's booming trade surplu…
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The Australian Dollar is struggling against the Pound, Euro, U.S. Dollar and other major currencies as a rise in U.S. bond yields threaten the global reflation trade and the Reserve Bank of Austral…
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Foreign exchange strategists at Australian lender and investment bank Westpac see the recent dip in the value of the Australian Dollar as being temporary.
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Good news on the Johnson & Johnson vaccine, a jump in Aussie Bond yields and strong investor demand for commodities are conspiring to lift the Australian Dollar.
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