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The Aussie is undervalued versus its main contender the US Dollar but December’s expected interest rate rise from the Federal Reserve is likely to keep upside restricted.
December 7,2016
GBP/AUD is expected to rise after Australian data disappointed and commodity weakness into the end of November has weighed on the outlook for the Aussie Dollar.
December 6,2016
GBP/AUD has broken above a key support level which advocates for a run towards the September highs.
December 2,2016
GBP/AUD has pulled back but looks set to resume its uptrend, whilst an interesting fundamental outlook seems to support both currencies going forward.
November 29,2016
The Aussie is likely to outperform the Kiwi (New Zealand Dollar) as China starts to stockpile heavy industry resources before Trump’s reflation boom pushes prices higher and his protectionist trade policies hit Chinese exports.
November 25,2016
The Australian Dollar Could Witness a New Heyday From a Mini-Boom in Commodities, say Analysts at HiFXThe Australian Dollar Could Witness a New Heyday From a Mini-Boom in Commodities, say Analysts at HiFX
November 25,2016
The GBP/AUD has rallied to within a few pips of our initial upside target at 1.7000 and looks set to continue rising once it resumes its uptrend.
November 24,2016
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