08 May 2020 Pound-Australian Dollar a Sell says Investment Bank

Pound Sterling is being tipped to fall against the Australian Dollar over coming days and weeks by strategists at Nomura, the global investment bank, who see a combination of pro-risk markets and A…

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07 May 2020 Pound-Australian Dollar Slumps as Trade Data and U.S.-China Talks Stoke Risk Appetite

The Australian Dollar outperformed again on Thursday as strong March trade surplusses, a Reserve Bank of Australia (RBA) curtailment of quantitative easing and fresh trade related talks between the…

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06 May 2020 Pound-Australian Dollar Rate Renews Downtrend, Rising Oil Prices Hint at Improved Commodity Sector Dynamics

Pound Sterling is trading lower against the Australian Dollar in the mid-week session as a short-term trend of depreciation extends courtesy of increased confidence in global investor sentiment and…

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05 May 2020 Australian Dollar has "Topped Out", Technical Analyst Says, as Others Look to Sell on Rallies

The Australian Dollar looks like topped out on the charts after a strong eight percent rally through April, technical analysts say, at a point when a fresh bout of tensions between the U.S. and Chi…

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05 May 2020 Analysts Tip Australian Dollar to Find Support from Solid Domestic Fundamentals

The Reserve Bank of Australia today warned of a sharp slump of 10% in Australian GDP in the first half of 2020, but foreign exchange strategists say the country is nevertheless well positioned to r…

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04 May 2020 Pound-Australian Dollar Forecast: Charts Advocate for More Downside Short-Term, but Strategists Favour Sterling this Month

Pound Sterling starts the new week softer against the Australian Dollar and technical studies suggest further short-term losses are likely, however we are wary of betting against GBP/AUD noting tha…

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01 May 2020 Pound-Australian Dollar Rate in Recovery Mode and Can Go Further

The Pound-Australian Dollar rate was in recovery mode Friday and is tipped by Westpac to climb further in weeks ahead following a punishing April month, with much of that decline now likely to be r…

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