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GBP/AUD has hit a fresh 3-year high at 1.9214, amidst an ongoing rally in Sterling and softness in the Aussie Dollar. And, one investment bank we follow says AUD will likely continue to struggle through the course of 2020.
December 5,2019
The Australian Dollar cratered on Monday after third-quarter growth figures disappointed an already-downbeat market, leading investors to bet the Reserve Bank of Australia (RBA) cuts its interest rate again next year and inciting the Pound-to-Aussie rate to aim for fresh post-referendum high.
December 4,2019
The Australian Dollar leads the charge on global foreign exchange markets on Tuesday, December 03. after the Reserve Bank of Australia (RBA) said improvements in the global economy meant no immediate interest rate cuts are necessary.
December 3,2019
We would expect any setbacks in the GBP/AUD exchange rate to remain shallow and last perhaps for a few days before the broader lift extends.
December 2,2019
The Pound-to-Australian-Dollar rate hit a fresh post-referendum high on Friday but could rise even further into year-end, although risks still abound and could yet weigh on the British currency both before and after the eagerly-awaited December 12 general election.
December 1,2019
The Australian Dollar has undeperformed most rivals this week and is set to remain a laggard in the year ahead as the Reserve Bank of Australia (RBA) cuts rates again and comes closer to imp-lementing a currency-crushing quantitative easing (QE) program.
November 28,2019
The Australian Dollar is being forecast to fall against the British Pound in the event of the Conservative Party winning the December 12 General Election outright.
November 27,2019
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