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Australian lender ANZ have today confirmed they have raised their forecasts for the Australian Dollar, saying the currency should benefit from a relatively benign Reserve Bank of Australia policy stance and a reflating global economy.
August 27,2020
The Pound-to-Australian Dollar rate remained locked in a tight August range Wednesday with its path to the upside stymied by resistance on the charts, although Commonwealth Bank of Australia forecasts point to an eventual capitulation by Sterling that pulls GBP/AUD lower by year-end.
August 26,2020
Growth forecasts for the Australian economy have been slashed by economists at NAB as they gauge the economic impact of the Victoria lockdown, which are expected to knock 3.0% off the country's overall GDP.
August 25,2020
The Australian Dollar is rising alongside global stock markets and commodity prices as a classic 'risk on' day greets investors at the start of a new week.
August 24,2020
The Australian Dollar was down on its luck Friday amid a rebound in U.S. exchange rates but forecasts were in the spotlight as analysts remained bearish in their outlooks for the American currency while taking stock of improved prospects for commodity prices, leading to widespread upgrades.
August 21,2020
The Australian Dollar is prone to losses over coming months, according to the latest analysis from Rabobank.
August 21,2020
Expect any Australian Dollar weakness to be shallow, say analysts at Australian lender NAB who have told clients they expect the currency's recent bull market to remain intact.
August 20,2020
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