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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
The Australian Dollar broke to fresh highs against the U.S. Dollar over the course of the past 24 hours leading analyst Richard Perry of Hantec Markets to say 0.7295 and 0.7395 are the next targets on the horizon.
August 19,2020
An "unstoppable" rally in commodity prices is likely to keep the Australian Dollar firmly supported according to a prominent analyst we follow, however a period of outperformance by Sterling is nevertheless ensuring the GBP/AUD continues to hold the lion's share of the July recovery.
August 19,2020
The British Pound started the new week with a half percent fall against the Australian Dollar but has subsequently found buying support around the 1.8130 area thanks to a reversal in the Australian Dollar which comes in sympathy with softer stock markets.
August 18,2020
The Pound underwent a 0.44% advance against the Australian Dollar on Thursday, but the rally ultimately failed at the 1.83 level and the GBP/AUD exchange rate has since pared its gains to quote at 1.8250 at the time of writing.
August 14,2020
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