02 September 2020 Australian Dollar in Setback after Coronavirus Pushes Australia into First Recession for Decades

The Australian Dollar was wobbled on Wednesday after the full cost of the coronavirus containment effort pushed Australia into its first recession for decades and as the U.S. Dollar rebounded follo…

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01 September 2020 Australian Dollar Seen Eyeing June 2018 Highs Despite RBA Scrutiny

The Australian Dollar remained on course to set a new two-year high on Tuesday despite fresh scrutiny from the Reserve Bank of Australia (RBA), which again acknowledged strength in the antipodean c…

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01 September 2020 Australian Dollar Pushes 5-Week High against the Pound, Underpinned by Record Current Account Data

The Pound-to-Australian Dollar exchange rate fell to 5-week lows at the start of September with 1 GBP buying 1.8107 AUD on the open market which is down from August's high of 1.8411 and suggests GB…

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28 August 2020 The Australian Dollar Eyes November 2018 Highs after Clearing Technical Resistance, says Natixis

The Australian Dollar was charging higher on Friday after breaking above an important resistance level on the charts, although technical analysts at Natixis and Commerzbank are looking for even hig…

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27 August 2020 Australian Dollar Forecasts vs. Pound and Dollar Raised at ANZ

Australian lender ANZ have today confirmed they have raised their forecasts for the Australian Dollar, saying the currency should benefit from a relatively benign Reserve Bank of Australia policy s…

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26 August 2020 Pound-Australian Dollar Rate Stymied by Resistance on Charts as CBA Forecasts Point Lower 

The Pound-to-Australian Dollar rate remained locked in a tight August range Wednesday with its path to the upside stymied by resistance on the charts, although Commonwealth Bank of Australia foreca…

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25 August 2020 Australian Dollar: NAB Slash GDP Forecasts as Victoria Lockdown Bites

Growth forecasts for the Australian economy have been slashed by economists at NAB as they gauge the economic impact of the Victoria lockdown, which are expected to knock 3.0% off the country's overa…

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