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The Pound to Australian Dollar exchange rate's recovery is growing in confidence following the recent break above the 50-day moving average.
June 10,2024
The Australian Dollar is near the bottom of the performance board after another selloff in global commodities and stocks.
June 4,2024
The Pound to Australian Dollar exchange rate is rising at the start of the new month and could end the week above a key resistance area if U.S. labour market data beats expectations.
June 3,2024
The Australian Dollar could power to June 2023 highs if the Reserve Bank of Australia (RBA) raises interest rates again due to disappointing inflation data, but a deterioration in global investor sentiment could yet spoil the bulls' party.
May 30,2024
A monthly tracker of Australian inflation showed why the Reserve Bank of Australia (RBA) will be the last developed market central bank to cut interest rates.
May 29,2024
The recovery in the Pound to Australian Dollar exchange rate appears to have stalled at the 200-day moving average (DMA) and raises the potential for a resumption of selling pressures in the coming days.
May 28,2024
The recent upsurge in metals prices should keep the Australian dollar supported, more so now with Iron Ore prices hitting their highest levels since February.
May 22,2024
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