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
The Australian Dollar rose Tuesday after the Reserve Bank of Australia (RBA) played down the risk of it resorting to quantitative easing (QE) next year, while Sterling retreated in response to pre-election opinion polls that helped force the Pound-to-Aussie rate into a test of its intraday pivot point on the charts.
November 26,2019
A look at the charts confirms that the multi-week uptrend in the GBP/AUD exchange rate remains alive, and therefore any short-term losses - such as we saw last week - are ultimately likely to remain shallow.
November 25,2019
The Australian Dollar was on the front foot against all other than its Kiwi and British rivals Thursday as currency markets welcomed words of optimism from China on the trade talks as well as minutes from the latest Federal Reserve (Fed) meeting that may have aided sentiments toward the global economy.
November 21,2019
The Australian Dollar was scraping the bottom of the proverbial barrel Tuesday and could be set to remain under pressure in the weeks ahead after the Reserve Bank of Australia (RBA) revealed that it's likely to cut the cash rate to a fresh record low before long.
November 19,2019
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