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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
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
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