The Australian Dollar fell against an outperforming British Pound on Thursday but rose against other major currencies following the release of better-than-expected Aussie jobs data. 

August 13,2020

The Australian Dollar was at risk of declining to a two-month low after testing an important level of technical support on Wednesday but a somewhat widely anticipated correction lower could find itself limited by further weakness in the U.S. Dollar over coming days and weeks. 

August 12,2020

Australian Dollar

The Australian Dollar could be at the at the start of a multi-year upswing that could last until through 2021, according to economists at Australian lender Westpac.

August 12,2020

The Australian Dollar edged higher Tuesday in defiance of a short-term reversal signal on the daily charts and a wobble in gold prices, although the Euro's use as an instrument of Turkish economic coercion could drive additional upside given the Aussie's inverse correlation with the Dollar Index. 

August 11,2020

GBP to AUD

Pound Sterling remains poised to trend higher against the Australian Dollar, according to an observation of the technical conditions in the market.

August 10,2020

Aussie Dollar

The Pound is looking on target to register a ~1.0% loss against the Australian Dollar for the current week, amidst a broad-based recovery in the Australian Dollar that looks to be centred on the performance in the commodity market where gold and iron ore hit fresh highs over recent days.

August 7,2020

The Australian Dollar has been kept from a correction in recent weeks by repeated new highs for gold prices that were still climbing on Thursday although currency market price action indicates that appetite for the greenback is key to the outlook for antipodean exchange rates. 

August 6,2020

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