The Pound-to-Australian-Dollar rate was trading around 1.7914 Monday after falling almost a full percentage point in the previous week, but the pair is now in a downtrend that is expected to continue over the next five days.
July 8,2019
The Australian Dollar was softer Thursday as its earlier rally appeared to run out of steam although the Antipodean currency's fledgling recovery could risk being further undermined in the weeks and months ahead now the labour market is showing more signs of strain.
July 5,2019
The Australian Dollar topped the G10 league table again Wednesday as a record trade surplus and higher building approvals for the month of May offered support to the Antipodean currency amid further signs the threat of lower Reserve Bank of Australia (RBA) interest rates is falling by the wayside as a driver of the Aussie.
July 3,2019
The Australian Dollar rose to the top of the G10 league table Tuesday after the Reserve Bank of Australia (RBA) appeared to water down its commitment to further interest rate cuts, after delivering a second reduction in Aussie borrowing costs in just as many months.
July 3,2019
The GBP/AUD exchange rate has broken below the June 4 lows - a key level - and is now in a downtrend which is expected to continue over the next five days.
June 30,2019
The trade war between the U.S. and China might not be having the negative global ripple-effect anticipated, according to recent export data from some of China’s biggest trading neighbours, and this has implications for FX markets.
June 27,2019
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