The Australian Dollar was weaker after disappointing domestic retail sales figures were released.
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The Pound to Australian Dollar exchange rate is breaking down and technical studies show a higher likelihood of further losses in the coming days.
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The Australian Dollar could be poised to extend its current run of outperformance if the Reserve Bank of Australia were to raise interest rates again.
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The Australian Dollar is the day's best performer after inflation figures kick the prospect of an interest rate cut at the Reserve Bank of Australia (RBA) further into the distance.
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A rebound in market sentiment has played into the hands of the Australian Dollar, which is amongst the best performers in G10 ahead of the midweek release of local inflation figures.
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The Pound to Australian Dollar exchange rate is teetering above the key 200-day moving average (DMA) as we write on Monday; it must stay above here if a positive technical setup is to remain entren…
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Improved global investor sentiment and an upgrade to February's bumper job report are supporting the Australian Dollar.
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