Concerns that an unwinding of GBP/AUD long positions amongst the global FX trading community would keep the rate under pressure has proven to be unfounded.
Read more … →The fortunes of the pound sterling to Aus dollar exchange rate has taken a dramatic turn today with the AUD surging higher.
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The Australian dollar (AUD) has surged higher against the Pound Sterling potentially bringing an end to the lathers period of dominance.
Read more … →The Aus dollar (AUD) is lower across the breadth of the foreign exchange rate markets as investors choose to ignore some solid retail sales figures released earlier in the day.
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The Australian dollar (AUD) has come under pressure on Wednesday in an environment of US dollar strength. Also weighing is the latest set of ABS job vacancies data.
Read more … →The Australian dollar (AUD) has weakened against all of its major peers on speculation that the currency’s recent leap to 90 US cents was overdone.
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By Gary Howes The pound sterling to Australian dollar exchange rate is 0.35 pct lower than seen on Friday night's close; GBP/AUD is quoted at 1.8291.
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