Pound Sterling rose to a four month high against the Australian Dollar Friday as markets responded to President Donald Trump's suggestion that Japan, the world's third largest economy, is his next target in the so-called "trade war".
September 7,2018
Australian Dollar forecasts have been downgraded by Commonwealth Bank of Australia in its latest review of currency markets, although the Antipodean is still expected to rise steadily against the US Dollar over coming quarters, and could go even further against Pound Sterling than previously thought.
September 7,2018
The Australian Dollar slumped Thursday after two more of the country's largest lenders raised their mortgage rates, potentially scuppering the Reserve Bank of Australia from being able to raise its own rate further down the line, leading traders to dump the Aussie even aftera solid set of July trade balance numbers.
September 7,2018
The Australian Dollar fell broadly Wednesday even after official data showed the economy growing at its fastest pace for nearly six years during the second-qaurter, as continued financial instability in emerging market economies and a "risk-off" mood in markets overshadowed the better domestic newsflow for investors.
September 6,2018
The Australian Dollar is threatening to break below a major support level against the US Dollar and touch 0.7000 suggests research from OUB.
September 5,2018
The Australian out-performed rivals during the Asian session on Tuesday, September 04 thanks to a shift in stance to the currency's value at the RBA however a subsequent retreat only serves to confirm to us the negative outlook facing this currency.
September 4,2018
GBP/AUD in strong rebound and the pair is now above 1.80 and in a new short-term uptrend. The main release for the Pound is PMI data and for the Aussie Q2 GDP and a central bank meeting.
September 3,2018
Page 187 of 277