AUD Exchange Rates Fall Against USD, GBP and EUR

Australian Dollar Forecast: Will AUD Continue to Strengthen?

The Australian dollar forecast has had a pretty solid week of performance, hitting 0.6560 against USD, 0.5983 against EUR and 0.5378 against GBP.
AUD to GBP Slower but Brexit Could Accelerate Rates Again

Australian Dollar Forecast: AUD Rally Continues

The Australian dollar has strengthened significantly this month against GBP, USD and EUR and this AUD rally has continued at the start of this week and over the past seven days. The main drivers behind AUD gains continue to be due to the country’s handling of the Coronavirus crisis and the control of the spread, along with a renewed confidence in investors and an expectation of increased demand for Australian exports. The Australian economy is heavily reliant on its exports of raw material such...
Australian Dollar Forecast: AUDGBP & AUDUSD to Keep Rising?

Australian Dollar Forecast Impacted by UK Unemployment

Australian dollar forecast: The pound to Australian dollar exchange rate has once again come under pressure, falling to its lowest level in a number of weeks.
Australian Economy Set to Take a Few Years to Recover

Australian Dollar Forecast – Brexit Resurfaces

The downward movement in the Australian dollar forecast is partly down to due Brexit negotiations having just ramped up a notch in these last two weeks.
Australian Economy Set to Take a Few Years to Recover

Australian Dollar Forecast: Job Losses Subdue AUD Strength

Over the course of the last 30 days the Australian dollar has performed well across the board compared to most major currencies, against sterling in particular, gaining over 5% in value from the high compared to the low since the middle of April. One of the main drivers behind the Australian dollar’s strengthening has been how well the country has managed to control the spread of COVID-19 compared to many other nations. During yesterday’s trading however, the Aussie dollar began to show signs of coming...
AUDGBP: Australian Fears as Virus Cases Jump

Australian Dollar Forecast – AUD Steady After Poor Data

Overnight we have seen the latest Australian employment data with some mixed reports suggesting that whilst the unemployment rate did not rise as much as expected, rising from 5.2% to 6.2%, rather than the predicted 8.3%, we saw a record increase in the number of Australians out of work, at 594,300. Strangely, the Australian dollar has not been majorly affected by this news, perhaps because as discussed in yesterday’s report blog the market is more focused on the actual response to the Coronavirus and likely...
Australian Dollar Forecast: AUDGBP & AUDUSD to Keep Rising?

Australian Dollar Forecast – Will AUD Weaken in the Future?

Australian Dollar Forecast Breaking News – China bans Aussie beef and UK GDP shrinks -2% in Q1, GBPAUD back below 1.9
Australian Economy Set to Take a Few Years to Recover

Australian Dollar Continues to Outperform Other Major Currencies

Since the middle of March when most countries went into lockdown, the Australian dollar has been making gains against sterling, the US dollar, and euro. This may surprise most, as commodity currencies tend to suffer in times of real uncertainty. In addition, the RBA gloomy outlook should be raising concerns for clients holding onto the Aussie. The RBA expect a 10% contraction for Q2 GDP and a 6% fall throughout the year. However, the Aussie continues to march on. Why Has the Aussie Performed Well...
Australian Dollar to Pound Forecast: Why is the Australian Dollar Strengthening?

Will AUD GBP Continue to Recover Ground Lost Last Week?

AUD GBP has remained range bound since the start of the month although we are just over 1%, what's the Australian Dollar Forecast for the rest of this week?
Australian Dollar Forecast: AUDGBP gains by 10% since April

Reserve Bank of Australia Leave Interest Rates on Hold

Overnight the Reserve Bank of Australia (RBA) left interest rates on hold at 0.25% which was widely expected.