The Australian Dollar was sold following softer-than-expected monthly inflation figures, but weakness was shortlived as analysts looked under the hood and saw some concerning trends.

March 27,2024

Pound Sterling could stay under moderate pressure against the Australian Dollar in the coming week owing to a softening technical setup and the risk monthly inflation figures will beat expectations.

March 25,2024

The Australian Dollar was broadly higher after Australia reported what economists describe as "extraordinary" job growth in February.

March 21,2024

The Australian Dollar fell after the RBA kept interest rates unchanged but stepped back from a commitment to raise them again if required.

March 19,2024

Pound Sterling's 2024 uptrend against the Australian Dollar is intact and the coming week could see a retest of last week's high at 1.9570.

March 18,2024

Expect a resilient Australian economy and currency, thanks to improved trade with China and a slow pace of rate cuts at the Reserve Bank of Australia (RBA).

March 13,2024

The Pound to Australian Dollar exchange rate hit a new 2024 high at 1.9553 last week but ultimately capitulated and ended the week flat, raising the odds of a softer trading conditions in the coming week.

March 11,2024

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