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The Australian Dollar recorded sizeable losses against the Pound, Euro, U.S. Dollar and other major currencies following the Reserve Bank of Australia's decision to raise interest rates and mixed trade data out of China.
November 7,2023
GBPAUD retains a soft undertone, ensuring the Tuesday decision at the Reserve Bank of Australia, and a potentially soft UK GDP release, risk triggering a break of a critical support zone.
November 6,2023
The Australian Dollar was a laggard on global foreign exchange markets after Chinese activity data for October disappointed.
October 31,2023
The Australian Dollar's domestic agenda is dominated by the midweek Reserve Bank of Australia (RBA) decision, where another interest rate hike is now expected, but the Bank of England and Federal Reserve are also due to deliver interest rate decisions in what will be a busy week for global markets.
October 30,2023
The Australian Dollar rallied against all G10 peers following the release of domestic inflation numbers that trounced expectations and raised the prospect of another intervention by the Reserve Bank of Australia (RBA).
October 25,2023
GBPAUD mildly bullish, 1.9330 a potential upside target.
October 25,2023
The Australian Dollar was an underperformer on October 19 after unexpectedly soft local employment data combined with fresh Chinese housing market concerns.
October 19,2023
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