Australian Dollar News Directory

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

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

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

The Australian Dollar has advanced against the majority of the world's largest currencies over the course of the past week amidst a broadly improved global investment environment, but a looming recession in Australia is likely to keep any substantial recovery potential capped.

March 27,2020

"We maintain that the risks to AUD are to the downside. A potential recession in Australia and in most of the large economies will bear down on commodity prices and AUD" - Commonwealth Bank of Australia. 

March 25,2020

As Western economies enter stricter lockdown phases to counter the spread of the coronavirus, news that China will lift travel bans in Hubei province from Wednesday serves as a rare pice of good news for markets.

March 24,2020