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The Australian Dollar played its role as a China proxy by rising across the board after the world's second-largest economy posted a set of stronger-than-forecast economic growth figures.
October 18,2023
GBPAUD short-term picture stays constructive, UK wage, inflation data dominate data risk.
October 16,2023
AUD was underperforming on the day China revealed below-consensus inflation and trade figures, suggesting Australia's most important trading partner is still struggling to build growth momentum.
October 13,2023
GBPAUD drawdown fades, leaving scope for the rebound to extend.
October 9,2023
The Australian Dollar will remain under pressure and won't shake its laggard status until China's economy puts its skates on.
October 4,2023
The Australian Dollar has fallen against all its G10 currency peers amidst weak Chinese equity markets and following a decision by the Reserve Bank of Australia (RBA) to maintain interest rates and guidance which suggests it is in no hurry to hike again.
October 3,2023
The Pound's recent selloff against the Australian Dollar has eased over recent days but the exchange rate remains vulnerable to further losses, particularly if Tuesday's Reserve Bank of Australia (RBA) decision is more 'hawkish' than expected.
October 2,2023
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