The Australian Dollar overlooked a climbing coronavirus toll and related disruption Wednesday as July's Federal Reserve (Fed) statement and rising precious metals offered the antipodean unit a glimpse of April 2019 highs.
July 29,2020
Having completed four successive days of gains, the Pound-Australian Dollar exchange rate is back above 1.80, a psychologically significant level it will look to hold in order to keep a short-term rebound alive.
July 29,2020
Pound Sterling is undergoing another relatively rare patch of outperformance against the Australian Dollar, with the GBP/AUD exchange rate looking to clutch a fourth successive day of gains if Tuesday's advance is held into the close.
July 28,2020
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
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