Better-than-expected consumer sentiment data is the latest piece of data to support the Aussie dollar, but given charts are pointing to the possibility the pair may have formed an exhaustion low, could sterling start to take over the driving seat.
October 14,2016
Technical signs that the pair may have formed a potential bottom conflict with a firm advantage for the Australian dollar based purely on interest rate differentials.
October 11,2016
The GBP/AUD pair is falling, driven by concerns about sterling caused by the Brexit saga, whilst the Aussie has taken on a more neutral role.
October 7,2016
With Australia likely to offer investors 1.5% for the foreseeable future and the UK gearing up an interest rate cut, the bias favours Aussie dollar outperformance.
October 4,2016
Strong Australian fundamentals and a change of central bank strategy is behind the Australian dollar’s recent surge.
September 30,2016
There is a strong case for the Australian dollar rising after technical analysis from Singapore bank OUB and separate fundamental analysis from Citibank both argue for Aussie gains on the horizon.
September 28,2016
Aussie Dollar strength expected to prevail this week as positive domestic data contrasts with the deteriorating sentiment towards the Pound over the threat of a ‘hard’ Brexit outcome.
September 27,2016
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