Australian Dollar News Directory

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

Having breached the 1.85 level last week, the Pound-to-Australian Dollar exchange rate finds itself pulling back and retracing gains amidst building anticipation as the Brexit saga nears it climactic finish.

October 26,2020

The Australian Dollar is threatening to enter a fresh technical medium-term downtrend against the British Pound, according to technical analysis conducted by NAB.

October 23,2020

The Australian Dollar has lost 2.40% in value against the British pound over the course of the past month, with a notable amount of that loss coming over the course of the past 24 hours amidst improved sentiment towards Sterling regarding Brexit negotiations and softer global markets that are weighing on the Aussie.

October 23,2020

 Australia’s Dollar rebounded from diminished levels Wednesday but is now lacking a crucial ingredient for ongoing outperformance after the Reserve Bank of Australia (RBA) suggested it could look to reduce the country’s long-term bond yields in the months ahead, placing a question mark over the outlook. 

October 21,2020