Australian Dollar News Directory

The sell-off in the Pound-to-Australian Dollar exchange rate extends into the mid-week session with a further half percent loss taking the pair to 1.7891, indications are that a test of the 2020 lows located at 1.7696 is highly likely over coming days.

September 9,2020

Foreign exchange strategists at a major investment bank have this week told clients they have downgraded their stance on the Australian Dollar to neutral, observing that RBA policy, China tensions and a weak recovery from the covid-19 crisis will provide headwinds.

September 7,2020

The pace of gains in the Australian Dollar are likely to slow, according to new analysis from global financial services provider and investment bank CIBC Capital Markets.

September 4,2020

The Australian Dollar has risen 4% against the U.S. Dollar and British Pound in 2020, and further gains are possible according to a leading Asia-Pacific lender who have told clients they are upgrading their suite of forecasts for the currency.

September 3,2020

The Australian Dollar was wobbled on Wednesday after the full cost of the coronavirus containment effort pushed Australia into its first recession for decades and as the U.S. Dollar rebounded following a hat-trick of losses that pushed it to new two-year lows.

September 2,2020

The Australian Dollar remained on course to set a new two-year high on Tuesday despite fresh scrutiny from the Reserve Bank of Australia (RBA), which again acknowledged strength in the antipodean currency this week, although analysts also say the risk of a correction is growing. 

September 1,2020