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

Aussie Dollar in 2020

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

Governor Lowe

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

Australian Dollar week ahead

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

Page 150 of 281

Theme: GKNEWS