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The RBA is becoming less intolerant toward a strong AUD and is more satisfied with the domestic and international economic picture, but many strategists still see it remaining on hold throughout 2018.
October 17,2017
The Pound is struggling to make headway against the Australian Dollar in current currency market conditions and we are inclined to expect further declines in GBP/AUD over coming days.
October 16,2017
AUD/USD could see the most downside of all, although a lower risk trade for speculators is to short the Aussie against emerging market currencies, according to Deutsche Bank strategists.
October 13,2017
The Pound-to-Australian Dollar may be forming a bearish topping pattern which could see the pair fall with 1.63 identified as an immediate target.
October 15,2017
The Pound-to-Australian Dollar has risen up to a key watershed level on the chart at a major multi-month trendline, and for holders of Pounds this provides a tantalizing opportunity to wait for a potentially much better exchange rate - but only if the pair breaks higher.
October 11,2017
Economic and central bank factors mean the Aussie could see downward pressure against the G10 in the months ahead, while speculative positioning suggests there is money to be made by shorting the AUD/USD pair.
October 10,2017
The Pound-to-Australian Dollar continues weakening along with most GBP pairs as the new trading week begins, the main driver may be UK politics, with a further deterioration driven by a worsening outlook for Brexit talks and Theresa May’s position as leader.
October 9,2017
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