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Monetary policy divergence between Australia and the United Kingdom and overuse of Brexit as an excuse to sell Sterling favour a higher GBP/AUD argue strategists at global financial services giant Nomura.
November 1,2017
The Australian Dollar is trading with a bullish tenor as the new week begins - Retail Sales in Australia and the Bank of England (BOE) meeting take centre stage.
October 30,2017
The Aussie’s underperformance comes after a disappointing set of September inflation numbers and as downward pressure on commodity prices intensifies in the face of a surging US Dollar.
October 27,2017
The Australian Dollar was dealt a blow Wednesday after September inflation data missed expectations, weakening the case for bringing forward expectations of a Reserve Bank rate hike.
October 25,2017
Assuming the consensus forecast of economists is correct then Australian inflation will sit at the lower bound of the 2% to 3% inflation target, which could prompt a gradual repricing of Reserve Bank of Australia rate expectations.
October 24,2017
A lack of market-moving data from Australia combined with bullish chart outlook on GBP/AUD and an easing in Brexit negotiations angst may help propel the Pound-to-Aussie higher in the coming week.
October 23,2017
There is consensus on the likely state of the Australian labour market in September, but there is nothing like agreement on the fate of the Aussie Dollar in the fourth-quarter and beyond.
October 19,2017
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