Australian Dollar News Directory

GBPAUD remains in an uptrend that is yet to show any signs of decay and further advances are therefore likely, however, two central bank meetings will set the tone for this pair in the coming week.

July 31,2023

The Australian Dollar was weaker after it was reported Australia's headline rate of inflation retreated from 5.6% year-on-year to 5.4% in the second quarter, prompting markets to lower expectations for an August 01 interest rate hike at the Reserve Bank of Australia (RBA).

July 26,2023

The Pound to Australian Dollar exchange rate entered the new week teetering at a technical inflection point on the charts with antipodean inflation figures and a Federal Reserve (Fed) decision set to determine if it rises back toward earlier highs or breaks further below ahead of the next weekend. 

July 25,2023

A strong Australian jobs report and a boost to the Chinese Yuan have conspired to propel the Australian Dollar to the top of the leaderboard on July 20.

July 20,2023

The Pound to Australian Dollar exchange rate wilted further from its highest since April 2020 in the opening half of the week but could find losses limited by an earlier technical resistance on the charts in the short-term even as twin fundamental and technical headwinds scupper any attempted reapproach of 1.93. 

July 19,2023

For a boost, the Aussie Dollar will need a surprisingly strong Australian inflation reading next week to prod the Reserve Bank of Australia (RBA) into restarting its interest rate hiking cycle.

July 18,2023