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The Pound to Australian Dollar exchange rate has faltered at its best levels for more than a year but Tuesday's Reserve Bank of Australia (RBA) interest rate decision is likely to be decisive of whether Sterling is merely being bogged down momentarily or bowled out altogether from its recent rally higher.
June 30,2023
GBPAUD touches new three-year high after Australian inflation undershoots expectations.
June 28,2023
The Australian Dollar rebounded against the Pound, Euro, Dollar and other major currencies after China confirmed further measures were in the pipeline to boost economic growth in a move that helped spur an improvement in broader investor sentiment.
June 28,2023
GBPAUD could test 2023 highs on CPI undershoot.
June 26,2023
It's a damp end to a tough week for the Australian Dollar as a fall in commodity prices weighs on global FX's premier 'commodity currency'.
June 26,2023
The Australian Dollar was an underperformer among major currencies in the week to Thursday its earlier recovery from undervalued levels would have scope to push GBP/AUD lower and potentially back beneath 1.85 if the rebound renews in either the days or weeks ahead.
June 23,2023
AUD was softer across the board and market expectations for further RBA rate hikes retreated after the minutes showed policymakers had seriously considered keeping interest rates unchanged.
June 20,2023
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