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AUD/GBP - Australian Dollar to Pound forecasts
Australian Dollar to Pound Forecast: GBP Makes Further Gains Against the AUD, Reaching 4-Year Highs
When the Coronavirus was first publicly announced back in December, the GBP/AUD exchange rate was sitting typically within 3 cents both sides of the 1.90 level on mid-market. Since that point in time, albeit with numerous fluctuations in both directions, that rate has now surged above the...
Australian Dollar to Pound Forecast: Risk Sensitive AUD Likely to Remain Under Pressure
The risk sensitive Aussie dollar remains weak as any short-term gains soon get swept away. The positive global sentiment following the US’s Federal Reserve’s “we’ll do whatever it takes” moment as they launched a quantitative easing plan on a scale never seen before (US$2tn), soon faded away...
AUD to GBP Rate: Australian Dollar Strengthens After Further Stimulus Promised by the Federal Reserve
The Australian dollar has continued to strengthen across the board this week after trading above 2 a number of times during the last week against the British pound. The Australian dollar has been heavily affected by what has been happening around the world and as it is...
AUD/EUR - Australian Dollar to Euro forecasts
AUD to EUR: Australian Dollar Gains over the Euro Despite Australian Recession Fears
The Australian dollar to euro exchange rate continues to swing wildly as the coronavirus continues to hammer the currency markets and dealing a heavy blow to the Australian economy. Rates for AUD to EUR have picked up from yesterday taking levels to 0.55 for the pair.
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AUD to EUR Rate: Could the Australian Dollar Strengthen on China’s Coronavirus Recovery?
It is unprecedented times, there is little to draw from little as to how the market will react. What could provide insight is at is where investors are moving their funds in times of global economic uncertainty. Unfortunately, the Australian dollar is not usually the destination of...
AUD/EUR Exchange Rate: Australian Dollar Pulls Back Against the Euro
This morning we have seen the Australian dollar strengthen against the euro and has reached a high of 0.5601 on the interbank exchange rate, up over 1% on the day. This is still a long way of the higher levels we saw back in February this year...
AUD/USD - Australian Dollar to US Dollar forecasts
Australian to US Dollar Exchange Rate Review: Will AUD to USD Retest the All-Time Lows?
The Australian dollar to US dollar interbank rate exchange rate reached 0.5530 on the 19th March 2020, a record low for the Aussie against the greenback. The market developments have been linked largely to the Coronavirus, as we see these two currencies behaving in a very ‘true...
US Dollar Remains Close to Multi Year High Against the Australian Dollar
The USD/AUD remains close to the unprecedented levels of 1.70 as the coronavirus outbreak continues to play havoc on the Aussie. The rate has fallen back slightly from the 1.73 highs, however with the volatility in the market at the moment the rate can swing by several...
Aussie PM Morrison Tells The Country to Stay at Home as Services and Social Life Are Shut Down
Australian prime minister Scott Morrison has confirmed that large parts of the Australian economy and social life will be closed from midnight Wednesday. Further restrictions were agreed by the government, following an initial ban to non-essential overseas travel. However, prime minister Morrison stopped short of a full...
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