Australian Dollar News Directory

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

The Australian Dollar was riding high on Thursday after being cheered by commentary from the Reserve Bank of Australia (RBA) overnight although local firms are warning the antipodean unit is now at risk of losses as coronavirus concerns threaten to make themselves felt in currency markets again,. 

February 14,2020

The Australian Dollar has already risen as far its likely to against both the Pound and U.S. greenback, according to Westpac forecasts, and a possible Reserve Bank of Australia (RBA) quantitative easing program remains a risk to the antipodean currency. 

February 12,2020

The Pound-to-Australian Dollar exchange rate is pointed lower in the near-term - a timeframe we define as the coming week - but how the pair evolves over coming days ultimately depends on news flow out of China concerning developments regarding the neo-coronavirus outbreak.

February 10,2020

Australian Dollar gains were swept away by a worldwide wave of profit-taking ahead of the weekend on Friday although it’s still the second best performer of the last five days due to fading coronavirus fears and a steep repricing of the Reserve Bank of Australia (RBA) interest rate outlook.

February 8,2020