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A lack of upside momentum is concerning for those holding out for a stronger Pound against the Aussie Dollar, as such we remain bearish on balance in the absence of more compelling bullish evidence, expecting an eventual erosion of the trendline and a break lower to occur.
September 4,2017
A resilient housing market and evolving monetary policies elsewhere in the world could mean the RBA soon signals a hawkish shift.
September 1,2017
August 31,2017
Capital expenditures data offers scope for the Aussie dollar to claw back some of the ground given to rivals in August and to build on its 2017 gain.
August 30,2017
The Pound to Australian Dollar has been trending lower since its May highs but has just encountered a major trendline drawn from the pair's October lows and is bouncing.
August 30,2017
North Korea's renewed belligerence jilted markets overnight and sent the Aussie Dollar lower while poor housing market data only added to the soft tone.
August 29,2017
The Pound to Aussie Dollar rate has found support at a major trendline at last week's 1.6250 lows from which is bounced temporarily at the end of last week.
August 28,2017
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