Australian Dollar News Directory

The Australian Dollar is mixed at the start of the new week, trading lower against the traditional 'safe haven' currencies such as the Dollar, Yen and Franc amidst a resurgence of coronavirus jitters in global markets. However the Australian unit is notching up some gains against the likes of Sterling and the Canadian Dollar.

February 24,2020

The Australian Dollar was down on Thursday and could fall further over the coming weeks as financial markets price-in an interest rate cut from the Reserve Bank of Australia (RBA) in response to what was a dire January jobs report.

February 21,2020

The Australian Dollar shifted onto the front foot amid a rebound in risk appetite Wednesday but will be confronted in the overnight session by January jobs data that risks prompting a reversal of the recent repricing of the Reserve Bank of Australia (RBA) interest rate outlook. 

February 19,2020

The Australian Dollar underperformed on Tuesday as it followed the Chinese Yuan lower as market concerns over the possible economic impact of the coronavirus escalated, which has helped to sustain a steady uptrend in the Pound-to-Australian Dollar rate. 

February 18,2020

The Aussie gained at the start of the new week amidst news that the People's Bank of China introduced fresh stimulus measures to try and offset the negative impact to the economy of the coronavirus outbreak. The PBoC offered RMB 200B of one-year MLF loans today, lowering the rate charged by 10bp to 3.15%.

February 17,2020

The Australian Dollar is however the week's second best performing major amidst declining expectations for an interest rate cut at the RBA, but we are told by one leading foreign exchange analyst the Aussie Dollar will struggle over the course of the first half of 2020, suggesting further GBP/AUD advances are possible.

February 17,2020