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The Pound-to-Australian-Dollar rate rose last week after a renewed bout of risk aversion in global financial markets sent the Antipodean currency tumbling, although some analysts are suggesting the British currency could cede ground to the Aussie during the current week.
June 18,2018
The Australian Dollar sold off Thursday as traders looked through a steeper-than-expected fall in the Aussie unemployment rate during May, to focus instead on a falling "participation rate".
June 14,2018
Bulls bellow as GBP/AUD reverses its short-term downtrend; much in the coming week will depend on UK inflation and wage data while the Aussie Dollar will be watching the employment report.
June 10,2018
The Australian Dollar could receive a boost if next week's data shows the Antipodean nation's labour market is shown improving further, according to strategists at ANZ Research, although they argue the Aussie unit remains a risky proposition and that traders should just "sell the rallies".
June 8,2018
A positive trend in Aussie economic growth is unlikely to abate any time soon or be impacted by macro trade war themes, so the outlook remains positive for the Australian economy.
June 7,2018
The Australian Dollar advanced against the developed world currency basket Wednesday after first-quarter GDP numbers showed the Aussie economy growing at its fastest pace for some six years.
June 20,2018
The Australian Dollar slipped across the board on Tuesday after the Reserve Bank of Australia held its interest rate steady at its current record low, citing low inflation and weak wage growth, which are expected to persist for some time to come.
June 5,2018
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