Aussie Dollar outperforms

The Australian Dollar is the best performing major currency of the day, receiving a boost against the U.S. Dollar, Euro, Pound and other majors amidst reports the state of Victoria was on track to relax an extended hard lockdown as cases fell further.

September 16,2020

Aussie Dollar outlook

The Australian Dollar's period of outperformance could fade over coming months as the government withdraws the lion's share of financial support it has provided to its citizens, according to analysts at a Swiss multinational bank.

September 15,2020

Aussie Dollar vs. Pound

The British Pound was on Monday seen moving higher and trying to consolidate against the Australian Dollar following the previous week's 3.65% decline, as market await fresh news on Brexit trade negotiations and Sterling recovered from oversold conditions.

September 14,2020

The Pound-to-Australian Dollar exchange rate has fallen below an important long-term price average and is nearing an abyss after the gloves came off in the Brexit trade negotiations, but could go over the edge in the coming months if an ongoing row between London and Brussels leads to an acrimonious break with the EU.

September 11,2020

Aussie Dollar

The Australian Dollar is one of 2020's best performing major currencies thanks to a robust recovery in global investor sentiment following the March covid-19 market meltdown, however the remainder of the year should see some of this outperformance reverse according to a leading global investment bank and financial services provider.

September 10,2020

Aussie Dollar Blue note

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

Aussie Dollar

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

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