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The Australian Dollar is one of the leading advancers in global foreign exchange as confidence in a June rate cut at the Fed grows while China announces new measures to boost its economy.
March 7,2024
The Australian Dollar was broadly firmer on the day Australian GDP data confirmed to analysts that the Reserve Bank of Australia (RBA) is on course to deliver an interest rate cut after the other major central banks.
March 6,2024
GBP/AUD is firm at the start of week packed with Australian data releases and the UK's midweek budget.
March 4,2024
The Australian Dollar was the second-worst performing G10 major after Australia's monthly inflation print undershot.
February 28,2024
GBP/AUD can move higher over the coming days thanks to a broadly constructive technical setup, however, any surprises in this week's Aussie inflation figures would invalidate this view.
February 26,2024
Australian wage increases proved a little hotter than the market was anticipating in the final quarter of 2023, a development that should ensure the Reserve Bank of Australia (RBA) maintains a cautious approach when considering interest rate cuts.
February 21,2024
The Reserve Bank of Australia is not yet ready to allow Australian financial conditions to relax as it maintains a vigilance against inflation that includes a threat to raise interest rates again.
February 20,2024
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