Australian Dollar News Directory

Australian Dollar rallies will remain fragile and leave the antipodean currency vulnerable to fresh losses, Westpac says, because lower oil prices threaten liquefied natural gas incomes while continued social distancing could do harm to the economy long after the coronavirus has been contained. 

April 23,2020

The Pound-to-Australian Dollar exchange rate appears to have decidedly turned trend and looks set to head lower in the short-term, following a break below a temporary resistance area located in the 1.9579-1.9598 region on the charts.

April 23,2020

The Australian Dollar is expected to remain under pressure for the foreseeable future as a global crunch in commodity prices remain the primary driver of the currency, eclipsing the news that the country will lead the world in exiting the covid-19 crisis.

April 22,2020

The Australian Dollar traded broadly lower on Tuesday, April 21 amidst softer global market conditions and unsupportive domestic developments that include news that Virgin Australia has entered administration.

April 21,2020

The Australian Dollar's recent three-week rally against the likes of the U.S. Dollar, Euro and British Pound could be at risk of capitulating, if the expectations of analysts at Australian lender NAB are proven correct.

April 20,2020

The Australian Dollar found its footing against the U.S. Dollar and Pound Sterling Friday but is said to be vulnerable to fresh losses going forward due to overvaluation and a still-dire outlook for the global economy, which might help keep the Pound-Australian Dollar rate on an upward trajectory. 

April 17,2020