The sterling to Australian dollar rate has been in a consistent down-trend for weeks, however, with fundamentals changes on the horizon, some analysts are questioning whether this can continue.
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The Pound looks set to end the week on the front-foot against the Australian Dollar owing to developments in the Chinese economy.
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Strategist Honglin Jiang argues that evidence is biased towards the Reserve Bank (RBA) remaining on hold for the rest of 2016.
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The pair has a bearish bias in the coming week as a result of the Reserve Bank of Australia’s (RBA) reluctance to indicate it is planning to cut interest rates any further and the subdued and uncer…
Read more … →A combination of a bearish price chart outlook, and the unlikelihood of further interest rate cuts from the Reserve Bank of Australia (RBA) - at least during this year – are the key notes in our ne…
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The main event for the Australian dollar in the week ahead is the Reserve Bank of Australia (RBA) rate meeting on Tuesday, and the big question is whether or not they will cut interest rates. The B…
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A fall in demand for credit keeps the inflation outlook subdued and a rate cut from Reserve Bank of Australia (RBA) a distinct possibility.
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