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The Pound-to-Australian Dollar exchange rate is trading in the 1.76s at the time of writing, its fifth consecutive up day in a row, in the process of advancing, Sterling has now pierced clearly above a major trendline and this indicates it will probably follow through higher.
December 18,2018
The Australian Dollar set a new December low last week as international risk appetites waned but events in the global arena are now expected to provide breathing space to the Antipodean currency during the week ahead.
December 19,2018
The Australian Dollar was left crippled Friday by official data that revealed a steep slump in actiivity within the Chinese industrial sector during November, which has dealt another blow to the Aussie outlook.
December 14,2018
The probabilities now marginally favour the start of a short-term uptrend in the GBP/AUD exchange rate over the week ahead.
December 9,2018
The Australian Dollar retreated further from earlier three-month highs in the final session of the week, placing it on course to book a sizeable 2018 loss, but the New Year will be kinder to the Anipodean currency according to ABN Amro.
December 7,2018
The Australian Dollar is still expensive on a fundamental basis and is likely to underperform many other currencies again next year, according to analysts at Australia & New Zealand Banking Group (ANZ).
December 6,2018
The Australian Dollar retreated from multi-month highs Wednesday as traders began betting a Reserve Bank of Australia interest rate cut could now be on the way following disappointing third-quarter growth data.
December 5,2018
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