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GBP/AUD has been moving sideways for several weeks now and although it seemed to want to break out to the upside on Friday, the spike was only temporary before the exchange rate retracted and ended the week back down inside the range.
March 1,2017
The Australian Dollar remains the best performing currency in the G10 complex of 2017 with markets taking a shine to the country’s high yielding money markets once again while strong commodity prices have also played a part in sending the currency higher.
February 27,2017
The Aussie Dollar is the strongest currency in the G10 having risen an average of 6.7% versus its counterparts in 2017.
February 27,2017
The global reflation story which has powered equity markets higher, driven Commodity prices up and led to a resurgence in risk appetite may soon reach a climactic end, and this could be a negative for the Australian Dollar.
February 21,2017
GBP/AUD may be forming a triangle pattern as price action consolidates in between two narrowing lines.
February 20,2017
The Australian Dollar is the year’s best performing major currency having advanced by 6.10% against the US Dollar.
February 17,2017
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