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The Australian Dollar outlook appeared to darken Monday as markets awoke in Europe to discover Australian voters have rejected Prime Minister Malcolm Turnbull's economic agenda in a series of by-elections, just as Westpac economists downgrade their forecasts for inflation, with adverse consequences for the Australian Dollar.
July 31,2018
GBP/AUD continues to trade within a narrow range with no clear directional trend, Australian retail sales data is the major release for AUD in the coming week and for GBP the Bank of England meeting promises potential fireworks on Thursday.
July 30,2018
The Australian Dollar rose Friday, drawing a line under earlier losses brought on by a deterioration in Australia's "terms of trade", and it could continue to rise during coming days if analysts are right in saying the Antipodean currency is "poised for a turnaround".
July 27,2018
The Australian Dollar fell broadly on Wednesday as traders responded to a weaker-than-expected set of second quarter inflation numbers, which served only to confirm a dour outlook for interest rates down under, as well as for the Aussie currency.
July 25,2018
GBP/AUD continues to bounce between major levels with no clear directional trend but Australian inflation data could turn tables on inert rate if it surprises this week. Brexit politics still dominate Sterling with CBI data also offering heads up.
July 23,2018
The Australian Dollar rose broadly Thursday after official data appeared to show the 2018 slowdown in Aussie jobs growth coming to an end in June.
July 24,2018
GBP/AUD is in a rangebound consolidation on the weekly and daily charts despite previous activity suggesting a marginally bullish bias. Brexit politics are set to dominate GBP whilst labour data is the main release for the Australian Dollar.
July 15,2018
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