Australian Dollar News Directory

"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

The Australian Dollar outlook remains biased to further declines in value amidst persistently negative market conditions and the announcement of a fresh set of measures aimed at stemming the spread of the coronavirus in Australia on Monday.

March 23,2020

The Australian Dollar was on the front line of a global riposte against the U.S. Dollar Friday, lagging only Sterling in a rebound off multi-decade lows as central banks sought to ease funding shortages and tame a greenback that's grown so strong it could imperil the global economy and finanical system.

March 20,2020

The Australian Dollar fell sharply in the wake of the decision by the Reserve Bank of Australia to cut interest rates and commit to a sizeable quantitative easing programme to stave off the negative economic impacts of the global coronavirus outbreak.

March 19,2020

Australian lender Westpac have today said they have lowered their forecasts for the Australian economy as a result of the coronavirus pandemic, as a result they now see a deeper recession occurring in 2020 than previously expected.

March 18,2020