Bank of America Merrill Lynch Global Research have warned they may have to adjust their forecasts for the Australian dollar exchange rate complex lower for 2015.
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The Aus dollar's continued poor form has provided relief for British pound sellers looking for better rates.
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Will the Australian dollar (AUD) continue to suffer advances made by a strengthening pound sterling (GBP)?
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The Australian dollar (AUD) has seen an abrupt end to a recent relief rally on Thursday as the central banks of New Zealand and Australia unite to push their respective currencies lower.
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The British pound (GBP) has joined other low-yielding major currencies - like the US dollar and euro - to take advantage of a weak Australian dollar (AUD) on the global FX market.
Read more … →Foreign exchange analysts at TD Securities and Morgan Stanley have updated their forecast charts for the Australian dollar (AUD) in early 2015 against the US dollar (USD), euro (EUR) and Briti…
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The Aus Dollar (AUD) has surged higher on global forex markets breaking through key technical levels.
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