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GBP/AUD has broken out of a consolidation pattern following an higher-than-expected UK inflation data release and in the process moved above a key trendline which might shift direction for the exchange rate.
September 15,2017
“It is now likely that the RBA will be in a position by mid-2018 to remove some of the emergency stimulus in place,” says Westpac.
September 13,2017
The Pound to Australian Dollar is currently trading sideways as both the Pound and the Aussie Dollar suffer under a barrage of negative news headlines.
September 11,2017
July retail and trade data disappointed the market but strategists are increasingly bullish on the Aussie Dollar
September 7,2017
Growth in the Australian economy gathered pace during the second quarter but it wasn't enough to push the Aussie Dollar higher.
September 6,2017
A show-stopper of a GDP number could help the Aussie extend its 2017 gain after the RBA was seen as ambivalent to the currency's strength in its August policy statement.
September 5,2017
Lowe has signalled the RBA's accession to the "lower for longer" club but the impact on the Pound to Aussie rate will be muted by short term factors and Brexit.
September 5,2017
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