Higher iron ore prices can help underpin the Australian Dollar outlook.
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The Pound to Australian Dollar exchange rate is at risk of testing fresh multi-week lows in the coming days, especially if Wednesday's U.S. inflation report undershoots expectations.
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The Australian Dollar is the preferred commodity currency with strategists at Bank of America (BofA) who say industrial metal market dynamics are proving supportive.
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The Australian Dollar should be stronger but has been weighed down by two factors says Goldman Sachs.
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The Australian Dollar was sold following softer-than-expected monthly inflation figures, but weakness was shortlived as analysts looked under the hood and saw some concerning trends.
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Pound Sterling could stay under moderate pressure against the Australian Dollar in the coming week owing to a softening technical setup and the risk monthly inflation figures will beat expectations…
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The Australian Dollar was broadly higher after Australia reported what economists describe as "extraordinary" job growth in February.
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