Reserve Bank of Australia

The Australiaan Dollar was treading water on Friday and could be volatile in the coming days when October's Reserve Bank of Australia (RBA) policy decision is unveiled just as Americans vote in the all-important U.S. election, although a range of analysts see the Aussie Dollar rally surviving next week's turbulence.

The Pound-to-Australian Dollar exchange rate could rise to a five-month high above 1.90 in the event that a Brexit trade deal is reached over the coming weeks, according to research from Commonwealth Bank of Australia, as Sterling enjoys a relief rally and the Reserve Bank of Australia (RBA) keeps the Aussie on its back foot. 

 Australia’s Dollar rebounded from diminished levels Wednesday but is now lacking a crucial ingredient for ongoing outperformance after the Reserve Bank of Australia (RBA) suggested it could look to reduce the country’s long-term bond yields in the months ahead, placing a question mark over the outlook. 

The Australian Dollar was sent lower in the wake of comments from Reserve Bank of Australia governor Philip Lowe that signalled further interest rate cuts and an expansion of the existing quantitative easing programme was coming.

The Australian and New Zealand Dollars rose broadly in the final session of the week even as they pay the cost of continued international border closures but next year a reopening of decimated domestic tourism sectors could provide antipodean economies, and currencies, with a late 2021 shot in the arm. 

The Australian Dollar could be constrained over the coming weeks by the Reserve Bank of Australia (RBA) monetary policy outlook, according to local analysts, although a widening U.S. budget deficit and prospect of a global economic recovery currently insure a brighter, medium-term outlook. 

The Australian Dollar remained on course to set a new two-year high on Tuesday despite fresh scrutiny from the Reserve Bank of Australia (RBA), which again acknowledged strength in the antipodean currency this week, although analysts also say the risk of a correction is growing. 

The Aussie Dollar was given a free pass by the Reserve Bank of Australia Tuesday when its ongoing recovery rally went unremarked upon in the August monetary policy update, with the bank instead taking a less pessimistic view on the economy. 

The Australian Dollar crossed an important technical rubicon on Tuesday as risk assets outperformed and after Reserve Bank of Australia Governor Philip Lowe said gave the Aussie a tacit blessing to keep on rising, which could now see the AUD/USD exchange rate targeting 18-mont highs. 

The Australian Dollar underperformed major rivals including Pound Tuesday after nearly a fifth of the country's population was placed back into 'lockdown' and the Reserve Bank of Australia (RBA) warned of an uncertain path back to the pre-coronavirus economy.

The Pound-to-Australian Dollar rate was edging higher on Tuesday as Sterling benefited from an optimistic mood in London while the antipodean unit continued its correction lower from 2020 highs, aided by acknowledgement of its recent strength from the Reserve Bank of Australia (RBA). 

The Australian Dollar faces a cocktail of risks this Friday that could force the Antipodean unit lower and help the Pound-to-Australian-Dollar rate to build on its recent gains in the final session of the week. 

The Australian Dollar rallied in the aftermath of the RBA meeting today at which interest rates were left unchanged at 1.50% for the 33rd meeting in a row. However, the relief rally has its limits as the prospect of an interest rate cut in 2019 remains elevated.

The Australian Dollar softened Tuesday after the minutes from the latest Reserve Bank of Australia (RBA) meeting showed rate setters contemplating the kind of economic conditions that would compel them to cut interest rates. 

The Australian Dollar was buoyed Wednesday after the Reserve Bank of Australia (RBA) appeared to back away from previous comments that suggested it was shifting to a so-called easing bias, although analysts at J.P. Morgan are still sellers of the Antipodean currency. 

The Australian Dollar was trading on its back foot Tuesday ahead of the release of February retail sales data, which will help markets to answer the question of whether 2018's economic weakness carried forward into the New Year. 

The Australian Dollar collapsed into the Wednesday session after official data showed the economy slowing sharply late last year as consumers came close to going on strike, which could mean a 2019 Reserve Bank of Australia (RBA) rate cut is all but a done deal.

The Australian Dollar is on its back foot and will remain so for a while to come as concerns about domestic interest rate policy are about to be supplemented by fresh China-related losses that could gatecrash 2019's party in the Antipodes on Monday, analysts say.

The Australian Dollar was left badly bruised Wednesday after theReserve Bank of Australia (RBA) dropped its bias to lift interest rates over the coming years, prompting traders to dump the Antipodean currency.

The Australian Dollar ouperformed rivals Tuesday after the Reserve Bank of Australia (RBA) took markets by surprise when it appeared to retain its bias to lift interest rates over the coming years.