The downtrend in the Pound to Australian Dollar looks at risk of resuming, as the new trading week begins.
August 7,2017
“We do not expect that fundamentals can push it any higher and think that global risk appetite now looks extended,” says Been, “the AUD is due for some consolidation.”
August 5,2017
The Pound to Australian Dollar is correcting back in the middle of a downtrend as the new trading week begins.
August 1,2017
Foreign exchange strategists with RBC Capital Markets have earmarked the Pound as a victim of further potential Australian Dollar strength in the coming week.
July 31,2017
The Australian Dollar remains one of the dominant driving forces in global foreign exchange but warnings continue to emerge the the Reserve Bank of Australia might soon look to clip the currency’s wings.
July 27,2017
Pound Sterling has risen against the Australian Dollar by over half a percent in the mid-week session as data out of Australia disappoints against analyst expectations.
July 26,2017
The Pound to Australian Dollar pair has been in a short-term downtrend ever since the 1.7600 highs and this trend remains intact and likely to continue.
July 25,2017
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