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Australian Dollar Daily Market Updates with latest AUD exchange rates, charts and rate changes in the major cross currency pairs for day, week and quarter periods. This allows you to take advantage of any market moves plus the low margins from our online currency and foreign payment partners to ensure you get the best possible exchange rates deals.

Pound Softens as Brexit Date Announced

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) tumbled against the other majors yesterday as Prime Minister Theresa May announced that she would trigger Article 50 next Wednesday. The slump suggests that Brexit has not been completely priced into Sterling, with markets still having concerns over the uncertainty that Britain’s split from the EU will bring. However the Pound could mount a recovery later this morning as economists expect February’s CPI figures to surge, with the UK’s inflation rate forecast to jump from 1.8% to 2.1%. View article >

Australian Dollar – Tue Mar 21: AUD Up vs USD, GBP, EUR, CNY & JPY and Down vs NZD & SGD.

The Australian Dollar is today up 0.28% against the United States Dollar, up 0.45% against the British Pound Sterling, up 0.47% against the Euro, down -0.13% against the New Zealand Dollar, up 0.36% against the Chinese Yuan, up 0.26% against the Japanese Yen and down -0.06% against the Singapore Dollar.
AUD Daily Rate Alerts
Read on for the latest 1-week and 3-month AUD cross rate fluctuations, charts and trends. View article >

G20 Waters Down Free Trade

The G20 handed President Trump a minor victory and failed to include the usual pledge to keep global trade free and open.  Score “1” for the Donald. Asia markets were not overly impressed with the omission and kept the US dollar on the defensive, a carry-forward action from last week. The fact that Japan was closed for Vernal Equinox Day probably exaggerated the impact although FX ranges were fairly narrow. View article >

Pound’s Early Losses Reversed by Rate Hike Speculation

Sterling

GBP/USD 1 Week Chart
An early morning slump in the Pound (GBP) was reversed this morning as markets began to speculate on the possibility of the Bank of England raising interest rates earlier than expected. The dissent of policymaker Kristin Forbes in last week’s policy meeting and expectations that inflation will continue surging this month has prompted economists to forecast that the BoE may hike rates later this year. View article >

Australian Dollar – Mon Mar 20: AUD Up vs USD and Down vs GBP, NZD & JPY.

The Australian Dollar starts the week even against the United States Dollar, down -0.11% against the British Pound Sterling, even against the Euro, down -0.34% against the New Zealand Dollar, even against the Chinese Yuan, down -0.23% against the Japanese Yen and even against the Singapore Dollar.
AUD Daily Rate Alerts
Read on for the latest 1-week and 3-month AUD cross rate fluctuations, charts and trends. View article >

Greenback Treading Water

The greenback appears to have treaded water in a very quiet, slightly nervous overnight session.  Yesterday afternoon, a re-hashed comment by US Treasury Secretary Steven Mnuchin supporting a “strong dollar”, lifted the US dollar across the board. Shortly afterwards, the ECB’s Ewald Nowotny, musing about how the central bank could end quantitative easing, said “The American model was to finish bond purchases first, but this model might not transfer well to Europe, then added, “interest rates also wouldn’t have to be increased simultaneously nor to the same extent.” “The ECB could also raise the deposit rate earlier than the prime rate,” Traders only saw the last line, about interest rates rising, and EURUSD soared along with EUR crosses, including EURCAD. View article >

Pound Rallies after Lone BoE Vote for Rate Hike

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) received an unexpected boost yesterday as a Bank of England (BoE) policymaker broke ranks and voted to raise interest rates in the March meeting. While the monetary policy committee (MPC) ultimately voted 8-1 to leave interest rates unchanged at a record low of 0.25%, the dissent from Kristin Forbes was enough to send markets crazy as she argued that the rapid rise in inflation and strong employment stats were indications that the BoE should be looking to tighten monetary policy. View article >

Australian Dollar – Fri Mar 17: AUD Up vs NZD and Down vs USD, GBP, EUR, CNY, JPY & SGD.

The Australian Dollar is today down -0.48% against the United States Dollar, down -0.95% against the British Pound Sterling, down -0.86% against the Euro, up 0.34% against the New Zealand Dollar, down -0.7% against the Chinese Yuan, down -0.44% against the Japanese Yen and down -0.52% against the Singapore Dollar.
AUD Daily Rate Alerts
Read on for the latest 1-week and 3-month AUD cross rate fluctuations, charts and trends. View article >

Dollar Steady after FOMC Drop

The US dollar was thrashed after the delivered what can best be described as a “doveish rate hike” on Wednesday. That moved had been well-telegraphed by Fed officials well ahead of time which gave rise to expectations for an upward shift in the pace of 2017 rate increases.  It didn’t happen. Traders bailed out of long US dollar positions and the greenback dropped across the G10 currency bloc. View article >

Pound Tumbles Ahead of BoE Rate Decision

Sterling

The Pound (GBP) softened this morning against the majority of its peers as markets await the results of the Bank of England’s (BoE) latest policy meeting. Despite a report from The Times suggesting that the Bank may begin discussing the possibility of a rate hike following the uptick in inflation, most economists forecast that the BoE will announce that interest rates will be kept at record lows today. View article >
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