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The British Pound was hammered against its major trading partners after the Bank of England communicated to markets in no uncertain terms that an interest rate rises was highly unlikely over coming months.
February 3,2017
The GBP/AUD pair is rising in a strong uptrend following a correction back from the 1.6780 highs.
February 2,2017
A Trump trade war with China as well as a tightening of Chinese credit could be the twin catalysts for a decline of the Australian Dollar, say forecasters at Morgan Stanley.
February 1,2017
The GBP/AUD has been recovering from lows of 1.60 set in the middle of January to its current level in the 1.66s.
January 30,2017
The Aussie is likely to come under increased pressure as ‘Carry’ considerations eclipse all other factors in the currency’s valuation, says HSBC’s David Bloom.
January 29,2017
The GBP/AUD pair has had an especially strong up-day which has now touched tough resistance from the S2 monthly pivot at 1.6681.
January 26,2017
Pound Sterling has recorded a three-week high against the Australian Dollar on the back of some worse-than-expected inflation data.
January 25,2017
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