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.
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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 th…
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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 r…
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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 immedia…
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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.
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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 bot…
Read more … →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-lement…
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