21 September 2020 Pound-Australian Dollar Rate Eyes 2020 Lows as UK Faces Fresh Covid Restrictions

The Pound is under fresh selling pressure at the start of the new week and is down 0.54% against the Australian Dollar and given momentum remains pitted against the Pound, GBP/AUD could be on cours…

Read more … →
18 September 2020 Australian Dollar Forecasts Raised at HSBC, GBP/AUD Could Go as Low as 1.55 Next Year

The rally in the Australian Dollar of 2020 has been built on solid fundamentals such as trade and not "speculative excess", says HSBC who have raised their forecasts for the antipodean currency thi…

Read more … →
17 September 2020 Australian Dollar Bothered by Iron Ore Price Decline: CBA

Analysts at Commonwealth Bank of Australia have shed some light on today's underperformance in the Australian Dollar, saying a decline in iron ore prices could be considered to be a major driver.

Read more … →
17 September 2020 Australia Reports Bumper set of Jobs Data

Australia reported a bumper set of jobs data on Thursday but the buoyant domestic news was not enough to prevent the Australian Dollar from losing value, confirmation that the currency's primary co…

Read more … →
16 September 2020 Australian Dollar's Trajectory Could be Tied to China's Yuan

The Australian Dollar's ongoing rise against the U.S. Dollar, Euro and British Pound has much to do with the value of the Chinese Yuan, therefore where China's currency goes could well determine wh…

Read more … →
16 September 2020 Australian Dollar Boosted as Victoria Heads for Lockdown Exit

The Australian Dollar is the best performing major currency of the day, receiving a boost against the U.S. Dollar, Euro, Pound and other majors amidst reports the state of Victoria was on track to …

Read more … →
15 September 2020 Australian Dollar Outperformance Threatened by Removal of Government Fiscal Support: Credit Suisse

The Australian Dollar's period of outperformance could fade over coming months as the government withdraws the lion's share of financial support it has provided to its citizens, according to analys…

Read more … →