Australian Dollar News Directory

The Pound-to-Australian Dollar exchange rate has rallied by three quarters of a percent at the start of a new week amidst another slump in stock markets and equity prices, however the trend for the pair remains lower according to the latest technical studies.

June 15,2020

The recent growth in Australia's oil and gas industry means that the Australian Dollar might also need to be classed not just as a commodity currency - as has traditionally been the case - but more specifically as an oil currency.

June 12,2020

The Australian Dollar was lower against most rivals Thursday and tipped for a period of consolidation after the June Federal Reserve (Fed) policy udate provoked a wave of profit-taking across markets that's offered a beleaguered Pound-to-Australian Dollar rate some momentary relief. 

June 11,2020

Studies of the Australian Dollar-U.S. Dollar exchange rate charts conducted by Australian bank NAB show the recent rally in the value of the Australian currency can extend, with technical forecasts suggesting a target at 0.73 is eventually possible.

June 10,2020

Foreign exchange strategists at Westpac have told clients that they are increasingly cautious on the Australian Dollar's ability to outperform its peers, noting that much of the good news that has pushed the currency higher has been absorbed.

June 10,2020

The Australian Dollar has endured a 1.0%+ decline against the British Pound, Euro and U.S. Dollar on Tuesday as the recent recovery in stock markets and commodity prices suffers a rare setback that has combined with a formidable technical resistance point in the market.

June 9,2020