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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
GBPAUD momentum continues to fade, meaning risks are to the downside short-term.
June 12,2023
The Australian Dollar's RBA-inspired rally means it has broken its linkage with the Chinese Yuan, for now.
June 12,2023
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