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The Pound-to-Australian-Dollar rate could rise four percent into year-end if the UK's exit from the EU is delayed a third time this year, according to the latest forecasts from National Australia Bank (NAB), although a possible truce in the U.S.-China trade war is a significant downside risk for the British exchange rate.
October 11,2019
The Australian Dollar was riding high Wednesday after being lifted by a recovery of global risk appetite but the antipodean unit is said to be vulnerable to losses in the days ahead because domestic as well as international risks to the currency are building.
October 9,2019
The Australian Dollar was among the best performing major currencies Tuesday even as the global mood soured ahead of Thursday talks between the U.S. and China, with once elevated hopes of a deal beginning to fade, and some say that more upside could be ahead.
October 8,2019
The GBP/AUD exchange rate is rising within a channel, and the technical outlook is therefore positive. However, expect heightened two-way volatility over coming days as Brexit drama reaches a potential climax.
October 6,2019
The Australian Dollar bested most major rivals Friday including Pound Sterling and even after August retail sales figures suprised on the downside, as the antipodean unit continues to stabilise after falling to a fresh ten-year low earlier in the week.
October 4,2019
The Australian Dollar was hammered Tuesday after the Reserve Bank of Australia (RBA) cut its interest rate to a new record low and hinted strongly of more cuts to come, which some analsts say now risks pushing the antipodean currency to its lowest level for more than a decade.
October 1,2019
The Australian Dollar was softer on Monday amid renewed trade tensions and ahead of the latest interest rate decision from the Reserve Bank of Australia (RBA), although some analysts are warning that the bank could surprise the market in the early hours of Tuesday, leading the antipodean currency to bounce higher.
October 1,2019
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