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While J.P. Morgan’s new forecasts still imply some downside for the Australian Dollar, the opposite is true for the bank’s view on the Pound, which implies nearly 10% upside for Sterling-Aussie this year.
February 21,2018
Higher wage growth and lower unemployment were always prerequisites for an RBA interest rate rise but action is doubly important now that parity between Australian and US interest rates is looming.
February 20,2018
GBP/AUD tipped to go higher, possibly to 1.85, if uptrend extends in week ahead.
February 19,2018
January's report marks the 16th consecutive month of job creation for the Australian economy and longest stretch of gains since monthly surveys of the labour market began.
February 15,2018
GBP/AUD is expected to risem according to two leading analysts.
February 15,2018
Aussie lender Westpac is still bearish the Australian Dollar despite contrary signs from charts and the views of other analysts.
February 14,2018
"Volatility (especially to the downside) is historically bad news for the Aussie, given the Australian economy’s sensitivity to global growth and investor risk appetite,” - Westpac
February 12,2018
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