Coal and Aussie Dollar

The Australian Dollar suffered a decline over the course of the past 24 hours amidst a softening of broader investor sentiment and growing signs China is looking to tighten the screws on Australia over demands that the origins of the covid-19 outbreak are fully investigated.

May 28,2020

The Australian Dollar turned sharply lower against the Pound, Euro and U.S. Dollar as well as the majority of its G10 peers amidst signs China was looking to ramp up economic pressure on Australia.

May 27,2020

Aussie Dollar

The British Pound's downtrend against the Australian Dollar looks set to remain in place for the foreseeable future says a noted foreign exchange analyst we follow.

May 27,2020

Aussie Dollar

The Pound's recent recovery against the Australian Dollar could run further, according to technical studies of the GBP/AUD exchange rate with confirm potential for a rebound to take shape.

May 26,2020

Hong Kong

The Australian Dollar reversed some of its recent gains against the Pound, Euro and U.S. Dollar ahead of the weekend in response to a broad deterioration in market sentiment, as investors considered rising geopolitical tensions between the U.S. and China.

May 22,2020

Iron ore exports could come under pressure

Foreign exchange strategists at Rabobank - the multi-national retail, commercial and investment bank - have said there is a chance the Australian Dollar's recent run of appreciation runs into trouble, leading to a decline over the course of the coming 1 to 3 months.

May 21,2020

The Pound-to-Australian Dollar rate is on the back foot again this week and set to test a six-month low as Sterling's run of underperformance continues while the antipodean unit remains a star player in the major currency barrel. 

May 21,2020

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