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The Australian Dollar was broadly lower following weak Chinese retail sales data.
December 17,2024
The Pound to Australian Dollar (GBP/AUD) exchange rate could retest 2.0 this week.
December 16,2024
The Australian Dollar rose and RBA rate cut expectations retreated following the release of labour market data.
December 12,2024
The Australian Dollar's selloff accelerated in midweek trade amidst talk of Chinese Yuan devaluation and more 'dovish' commentary from the Reserve Bank of Australia (RBA).
December 11,2024
The Australian Dollar dropped in value after the wind changed direction at the Reserve Bank of Australia (RBA). Chinese stimulus promises are limiting downside.
December 10,2024
There has been a definite pick- up in upside momentum in GBP/AUD of late. However, a pullback is likely during the next couple of days, with the focus turning to the RBA decision.
December 9,2024
Despite being undervalued, the Australian Dollar should fall "materially further" in 2025. But near-term, the exchange rate could find some support.
December 5,2024
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