Australian Dollar News Directory

The Pound to Australian Dollar rate edged higher in the opening session of a holiday-shortened week but any further gains could be limited with GBP/AUD potentially listing to the downside in the wake of Thursday's Bank of England (BoE) forecast update and interest rate decision.

May 9,2023

The Australian Dollar outperformed all major currencies in the final session of the week after the Reserve Bank of Australia cuts its growth and inflation forecasts while signalling an uncertain outlook for interest rates in the months ahead, one that is dividing analysts and economists in their forecast views.

May 5,2023

AUD will remain an underperformer in global FX, despite the gains it made following this week's surprise Reserve Bank of Australia (RBA) interest rates rise.

May 4,2023

The Australian Dollar topped the board among major currencies early in the new week after the Reserve Bank of Australia (RBA) cited the risk of imported inflation becoming embedded in domestic services prices for surprising markets with an eleventh increase in the cash rate.

May 2,2023

The Pound to Australian Dollar exchange rate has rallied to some of its best levels since the onset of the pandemic only to be obstructed by a major technical resistance overhead on the charts, which could now force Sterling to consolidate in a rough 1.8855 and 1.9085 range this week. 

May 1,2023

GBP/AUD is in an uptrend with technical signals suggesting more gains are incoming.

April 27,2023