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The Australian Dollar got the better of Pound Sterling Tuesday but ceded ground to most other rivals as mounting fears over the spread of China's coronavirus continued to besmirch an outlook that had at least appeared to improve alongisde the labour market last week.
January 29,2020
The GBP/AUD exchange rate is trading higher on Monday after the Australian Dollar fell in sympathy with a decline in the Chinese Yuan, which is sharply lower in light of developments surrounding the Coronavirus.
January 27,2020
The Australian Dollar outperformed all major rivals including Pound Sterling ahead of the weekend after Westpac walked back a forecast a February interest rate from the Reserve Bank of Australia (RBA), helping to sustain an earlier lift in market expectations for the cash rate.
January 26,2020
The Australian Dollar was seen outperforming its counterparts on Thursday, January 23 after employment data came in stronger than markets had been expecting, suggesting the prospect of an imminent interest rate cut at the Reserve Bank of Australia (RBA) has faded.
January 23,2020
The Pound notched up one of its strongest intraday gains over the Australian Dollar Wednesday as the British currency continued to stabilise after a week of losses and as traders eschewed the Aussie ahead of an important December jobs data from down under.
January 23,2020
The Pound-to-Australian Dollar exchange rate edges lower at the start of the week, in line with a broadly weaker Sterling and technical conditions that advocate for further weakness in the near-term, however some key data release out of both Australia and the UK this week could shake the market.
January 20,2020
The Australian Dollar advanced on the Pound Friday but the antipodean unit is likely to reverse course and cede ground to its British rival in the months ahead, according to new research from Westpac, as interest rate cuts in the UK and Australia are set to leave Sterling with an edge over the Aussie.
January 21,2020
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