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 domin…
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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.
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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…
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The Australian Dollar rose Thursday but its path back to earlier 2018 highs will be shallower and the journey slower than previously thought, according to the latest forecasts from analysts at …
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The Australian Dollar fell Wednesday but losses should be short-lived, according to the latest forecasts from analysts at the world's largest FX dealer Citi, who are arguing the Aussue is like…
Read more … →A global trade war would hurt commodity-export-dependent Australia and the fallout would weaken the Australian Dollar.
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GBP/AUD is showing the potential for a break higher within a greater sideways range and a move above 1.7980 could signal a new up phase for the pair. Key for the exchange rate this week will be the…
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