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
The Australian Dollar was in retreat Thursday amid rising tensions between the U.S. and China but it's tipped by analysts as a buy-on-dips currency as many still see it advancing beyond recent highs in the months ahead.
July 16,2020
The Australian Dollar has recorded three successive days of advances over the British Pound this week and looks on target to test its 2020 best, helped by an ongoing recovery in global commodity prices and better than expected employment statistics out of Australia.
July 16,2020
The Australian Dollar advanced on a majority of major rivals Wednesday but was eyeing new highs against the U.S. Dollar as tensions between Washington and Beijing were overlooked amid progress in pursuit of a coronavirus vaccine.
July 15,2020
The Australian Dollar was holding its own against the greenback and Pound Tuesday after a NAB survey revealed o a sharp recovery in business confidence during June but with earnings season afoot and geopolitical tensions returning, some analysts say the antipodean unit is vulnerable to a correction.
July 14,2020
Page 126 of 277