The UK currency appears set to re-test its best exchange rate against the Australian dollar in 6 years with momentum and fundamental data advocating for advances.
June 3,2015
A new currency forecast note from Deutsche Bank has reaffirmed their positive stance on the British pound’s outlook.
June 1,2015
Bank of America Merrill Lynch Global Research have released a report concerning their latest investor trip to Australia. They have recommended to clients that now is the time to short the Aussie.
May 22,2015
The British pound will breach the 2.0 level against the Australian dollar in convincing fashion in 2015 say forecasters at St. George Bank in Sydney.
May 20,2015
Sterling has outperformed recently as the UK election risk premium has been removed. But AUD sentiment has also improved in line with the RBA’s steady outlook and the iron ore price recovery.
May 15,2015
Despite cutting interest rates this May the Reserve Bank of Australia still has a fight on its hands – trying to manage a strong Australian dollar.
May 7,2015
The AUD rally should stall if the RBA cuts interest rates this May say Bank of America who expect the currency to be range-bound over the coming month, and see it remaining bearish beyond.
May 4,2015
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