GBPAUD uptrend remains alive despite recent pullback.

July 17,2023

The Australian Dollar appeared to bid goodbye to one while offering a salute to another in the final session of the week after the chancellor announced the appointment of a lady to the high chair of the manor at the Reserve Bank of Australia (RBA) in a succession of now outgoing Governor Philip Lowe.

July 14,2023

Australian Dollar losses and a rally by Sterling have lifted GBP/AUD near to its coronavirus crisis highs and few, if any, analysts expect this week's Reserve Bank of New Zealand (RBNZ) interest rate decision or speech from Reserve Bank of Australia (RBA) Governor Philip Lowe to overturn the apple cart anytime soon.

July 11,2023

AUD week ahead forecast

GBPAUD uptrend remains intact, further gains towards 2.0 possible if key level breaks.

July 10,2023

The Pound to Australian Dollar exchange rate neared post-pandemic highs in the penultimate session of the week, helping Sterling to retain the Ashes in the currency market for the year thus far, though the risk is of economic growth in the Asia Pacific eventually acting as a stumbling block for GBP/AUD. 

July 6,2023

The Australian Dollar was broadly softer following a decision by the Reserve Bank of Australia (RBA) to once again pause its interest rate hiking cycle.

July 4,2023

This week, the Australian Dollar's main focus will be Tuesday's interest rate decision at the Reserve Bank of Australia (RBA), which could result in another test of three-year lows against the Pound, or another short-term comeback.

July 3,2023

Page 54 of 280

Theme: GKNEWS