Aussie Dollar

The Australian Dollar declined against the Pound, Euro, U.S. Dollar and other major currencies on Wednesday, April 08 following a decision by ratings agency Standard & Poors to downgrade the outlook for the country's credit rating.

April 8,2020

The Australian Dollar outperformed Tuesday as investors serenaded an optimistic take on the outlook from the Reserve Bank of Australia (RBA) and an apparent slowdown in the spread of coronavirus, both of which are undermining the prospects of the Pound-Australian Dollar rate.

April 7,2020

Australian Dollar

The Australian Dollar is seen to be gaining in value at the start of the new week, with advances coming amidst an ongoing improvement in global stock markets but analysts at a leading European investment bank remain bearish on the currency's outlook.

April 6,2020

Aussie dollar

Pound Sterling remains in a clearly defined upward trend against the Australian Dollar, that sees us maintain a bias towards further upside for the foreseeable future.

April 2,2020

Australian Dollar at start of new month

A fresh bout of Australian Dollar weakness after a short period of relative strength has allowed GBP/AUD to once again press higher and extend its medium-term uptrend.

April 1,2020

Chinese rebound supports AUD

A surprisingly strong rebound in Chinese economic activity in March has aided a recovery in the Australian Dollar, with markets betting that an early economic recovery in China will ultimately underpin Australia's export-orientated economy and lessen the extent of any recession.

March 31,2020

Iron ore mine

The Australian Dollar is one of the better performing currencies at the start of the new week as global financial markets welcome a weekend relatively free of coronavirus drama, ensuring that while the Pound-Australian Dollar exchange rate still trades above 2.0 it looks heavy and at risk of another slip below this psychologically significant mark.

March 30,2020

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