The Australian Dollar's selloff accelerated in midweek trade amidst talk of Chinese Yuan devaluation and more 'dovish' commentary from the Reserve Bank of Australia (RBA).
December 11,2024
The Australian Dollar dropped in value after the wind changed direction at the Reserve Bank of Australia (RBA). Chinese stimulus promises are limiting downside.
December 10,2024
There has been a definite pick- up in upside momentum in GBP/AUD of late. However, a pullback is likely during the next couple of days, with the focus turning to the RBA decision.
December 9,2024
Despite being undervalued, the Australian Dollar should fall "materially further" in 2025. But near-term, the exchange rate could find some support.
December 5,2024
The Australian Dollar is under pressure amidst political chaos in South Korea and a surprisingly weak domestic GDP print.
December 4,2024
The Australian Dollar will have RBA caution in its corner in 2025.
December 3,2024
GBP/AUD recovery is building momentum, and further advances are possible this week.
December 2,2024
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