Australian Dollar latest news

The Australian Dollar was seen trading lower in the wake of data showing a surge in unemployment during April owing to the coronacrisis, and economists say the unemployment rate should continue to rise over coming weeks.

May 14,2020

Australia beef

The Australian Dollar is trading lower against its G10 peers at the time of writing courtesy of a softer tone to global stock markets, but we are told by one analyst that markets are likely to remain resilient and this should in turn ultimately support the Aussie currency.

May 12,2020

UK and Aussie flags

Pound Sterling is forecast to maintain a trend of depreciation against the Australian Dollar over the coming days, and potentially weeks, according to the latest technical studies of the GBP/AUD market and observations of the fundamentals currently driving both currencies.

May 11,2020

Aussie Dollar outlook Nomura

Pound Sterling is being tipped to fall against the Australian Dollar over coming days and weeks by strategists at Nomura, the global investment bank, who see a combination of pro-risk markets and Australia's early exit from lockdown as being two justifications for the stance.

May 8,2020

The Australian Dollar outperformed again on Thursday as strong March trade surplusses, a Reserve Bank of Australia (RBA) curtailment of quantitative easing and fresh trade related talks between the U.S. and China cheered the market and drove a rally in risk assets. 

May 7,2020

Iron ore

Pound Sterling is trading lower against the Australian Dollar in the mid-week session as a short-term trend of depreciation extends courtesy of increased confidence in global investor sentiment and firming commodity prices, both of which tend to favour the Australian currency over its British counterpart.

May 6,2020

The Australian Dollar looks like topped out on the charts after a strong eight percent rally through April, technical analysts say, at a point when a fresh bout of tensions between the U.S. and China risks weighing on the antipodean unit and furthering a corrective Pound-Australian Dollar rate rebound.

May 5,2020

Page 134 of 278

Theme: GKNEWS