The Pound-to-Australian-Dollar rate has been tipped as a sell by strategists at Nordea Markets, who say the British currency is likely to be an underperformer in a market where precious metals prices are rising and that the Aussie unit should be an outperformer. 

January 6,2020

The Australian Dollar could see further gains in the weeks ahead after having overcome its 2019 downtrend on the charts and all-but erased this year's loss against the U.S. Dollar, although the antipodean unit is still meeting stiff resistance from Pound Sterling. 

December 31,2019

The Australian Dollar is on the cusp of a breakout to the upside on the charts, according to some analysts, although the outlook for the antipodean unit next year is cloaked in a shroud of uncertainty.  

December 27,2019

The Australian Dollar rose against all of its major rivals other than the Norwegian Krone Thursday after a blowout jobs report eased market concerns about the outlook for interest rates at the Reserve Bank of Australia (RBA), although Westpac is now tipping the antipodean unit as a sell. 

December 20,2019

The Australian Dollar was vying with Pound Sterling for the bottom of the major currency barrel on Tuesday after minutes of the latest Reserve Bank of Australia (RBA) meeting prompted markets to again weigh the prospect of further interest rate cuts and a possible quantitative easing (QE) program coming next year.

December 17,2019

The Pound was weeping lower on Thursday and suffered its worst loss against a rampantly strong Australian Dollar that clocked up strong gains for a second consecutive session, but there could be worse to come if markets are shown to have again put too much faith in opinion polls.

December 12,2019

Exchange rates

The long-term uptrend remains alive from a technical perspective, and charts advocate for the Pound to continue advancing over coming months, if not years.

December 9,2019

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