Australian Dollar News Directory

The Australian Dollar softened Tuesday but it's increasingly being bolstered by a surge in the prices of commodities including precious metals prices, in addition to weakness in the greenback, which some analysts say could lift the antipodean unit to January 2019 highs in the weeks ahead.

July 28,2020

The Australian Dollar remained near to its highest level since April 2019 Thursday and is seen by Westpac as likely to advance further in the coming weeks, with 18-month highs tipped as possible, although others have cautioned that currency strength could soon test the limits of the Reserve Bank of Australia's (RBA) patience.

July 23,2020

The British Pound has resumed its trend of decline against the Australian Dollar and is quoted at 1.7755 which puts it near its lowest level in two years with little to suggest the period of decline is over.

July 22,2020

The Australian Dollar crossed an important technical rubicon on Tuesday as risk assets outperformed and after Reserve Bank of Australia Governor Philip Lowe said gave the Aussie a tacit blessing to keep on rising, which could now see the AUD/USD exchange rate targeting 18-mont highs. 

July 21,2020

The British Pound continues to solidify its base against the Australian Dollar, meaning the sharp decline witnessed since early April has stalled which paves the way for a potential rebound over coming days and weeks.

July 20,2020

The Australian Dollar was drawing support from an improved yield offering Friday and tentative stability in stock markets but its path higher is being frustrated by technical headwinds and fundamental uncertainties that risk encouraging a lifeless range-trade in the months ahead. 

July 17,2020