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

GBPAUD has stabilised and gone higher but significant risks seen this week.

June 19,2023

The Australian Dollar rally risks stalling shows a new analysis from Commonwealth Bank of Australia that reveals much will now depend on the nature of a planned stimulus plan in China.

June 14,2023

China is set to announce a fresh set of stimulus measures aimed at boosting the economy, a development that could aid China-linked currencies such as the Australian and New Zealand Dollars.

June 14,2023

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