Australian Dollar Sold on Lower Chinese Renminbi Fix

April 16, 2024

A fall in the value of the Chinese Renmimbi has weighed on the Australian Dollar, confirming the ongoing tight correlation between the two currencies.

Pound to Australian Dollar Week Ahead Forecast: Bulls Frustrated by AUD Resilience

April 15, 2024

While the Australian Dollar still looks vulnerable to a further deterioration in market sentiment, but buoyant global commodity prices and a strong domestic jobs report should limit the downside in the coming weak.

Australian Dollar Late-week Wobbles On China Trade Slump

April 12, 2024

The Australian Dollar looks set to end the week on a soft footing, with analysts pointing to China as a factor behind the selling pressures.

Good News for Australian Dollar Bulls as Iron Ore Markets Perk Up

April 10, 2024

Higher iron ore prices can help underpin the Australian Dollar outlook.

Pound to Australian Dollar Week Ahead Forecast: Fresh Multi-week Lows Loom

April 08, 2024

The Pound to Australian Dollar exchange rate is at risk of testing fresh multi-week lows in the coming days, especially if Wednesday's U.S. inflation report undershoots expectations.

Australian Dollar: Industrial Metals Are Why BofA is Buying

April 04, 2024

The Australian Dollar is the preferred commodity currency with strategists at Bank of America (BofA) who say industrial metal market dynamics are proving supportive.

Australian Dollar Should be Much Higher Says Goldman Sachs

April 02, 2024

The Australian Dollar should be stronger but has been weighed down by two factors says Goldman Sachs.

Australian Dollar: Why the Knee-jerk Inflation Data Sell-off Was Quickly Faded

March 27, 2024

The Australian Dollar was sold following softer-than-expected monthly inflation figures, but weakness was shortlived as analysts looked under the hood and saw some concerning trends.

Pound to Australian Dollar Week Ahead Forecast: Moderate Pressure

March 25, 2024

Pound Sterling could stay under moderate pressure against the Australian Dollar in the coming week owing to a softening technical setup and the risk monthly inflation figures will beat expectations.

Australian Dollar Surges on "Extraordinary" Job Growth, But Beware Payback

March 21, 2024

The Australian Dollar was broadly higher after Australia reported what economists describe as "extraordinary" job growth in February.

Australian Dollar At Two-week Low As RBA Shuffles Towards Rate Cuts

March 19, 2024

The Australian Dollar fell after the RBA kept interest rates unchanged but stepped back from a commitment to raise them again if required.

Pound to Australian Dollar Week Ahead Forecast: Uptrend Intact, RBA In Focus

March 18, 2024

Pound Sterling's 2024 uptrend against the Australian Dollar is intact and the coming week could see a retest of last week's high at 1.9570.

"Strong Upside Risk for AUD" - RBC's Latest Forecast Update

March 13, 2024

Expect a resilient Australian economy and currency, thanks to improved trade with China and a slow pace of rate cuts at the Reserve Bank of Australia (RBA).

Pound to Australian Dollar Rate Week Ahead Forecast: Is the Peak In?

March 11, 2024

The Pound to Australian Dollar exchange rate hit a new 2024 high at 1.9553 last week but ultimately capitulated and ended the week flat, raising the odds of a softer trading conditions in the coming week.

Australian Dollar Boosted By Rate Cut Hopes, China Stimulus

March 07, 2024

The Australian Dollar is one of the leading advancers in global foreign exchange as confidence in a June rate cut at the Fed grows while China announces new measures to boost its economy.