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
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
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