Australian Dollar News Directory

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

The Reserve Bank of Australia today warned of a sharp slump of 10% in Australian GDP in the first half of 2020, but foreign exchange strategists say the country is nevertheless well positioned to ride the slump when compared with its peers, and this could ultimately underpin the Australian Dollar for the foreseeable future.

May 5,2020

Pound Sterling starts the new week softer against the Australian Dollar and technical studies suggest further short-term losses are likely, however we are wary of betting against GBP/AUD noting that seasonality tends to favour Sterling over its Australian counterpart in May.

May 4,2020

The Pound-Australian Dollar rate was in recovery mode Friday and is tipped by Westpac to climb further in weeks ahead following a punishing April month, with much of that decline now likely to be retraced, although the levels produced in this correction higher could be the best available to Aussie Dollar buyers for a while to come.

May 1,2020

The Australian Dollar continues to ride the global market recovery story, with investors looking through dire economic data and looking forward to a virus-free and unlocked global economy.

April 30,2020