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GBP/AUD is at risk of rising this week as the Australian Central Bank is likely to issue a dismal assessment at its meeting on Tuesday given recent poor data and technical studies remain marginally bullish.
November 6,2017
Friday’s downbeat Australian retail numbers contrast with the news-flow from the UK which, being positive, has helped place a floor beneath the Pound following its Bank of England induced sell off Thursday.
November 3,2017
Markets were priced for a further two hikes in 2018 and, barring a shift in expectations of the month that those hikes are delivered, expectations going into the announcement were firmly on the money.
November 2,2017
Expectations of a stronger trade surplus can help to support the Australian Dollar against other currencies at a time when the onward march of other central banks, and an RBA that is seen on the road to nowhere, are set to act as a headwind for the Aussie currency.
November 2,2017
Since September the Dollar has fallen and a host of other factors have created little incentive for the RBA to suddenly pick up the pace at which it moves toward an interest rate hike.
November 1,2017
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
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