Headline Australian inflation came in above expectations on Wednesday, however, the Australian Dollar ultimately slumped as the details of the much-anticipated report were soft.
April 26,2023
The Pound to Australian Dollar exchange rate reached its highest since the opening of Russia's full-scale invasion of Ukraine in ANZAC Day trade but would be susceptible to sharp corrective losses almost immediately after if Australian inflation is anything like as stubborn as that in the UK.
April 25,2023
GBP/AUD supported at 1.84-1.8450, iron ore decline underpins AUD weakness, inflation is this week's hot ticket.
April 24,2023
The Pound to Australian Dollar exchange rate is already one of the better performing Sterling pairs of the year but could rise further and potentially above 1.89 in the weeks or months ahead as the bilateral bond yield differential heads for levels rarely seen since the turn of the millennium.
April 19,2023
The Australian Dollar has been one of the biggest fallers among major currencies this year but downgraded forecasts from Commonwealth Bank of Australia (CBA) suggest it could fall further against some currencies and remain an underperformer in the months ahead.
April 18,2023
The Australian Dollar is outperforming its major peers after it was revealed the Reserve Bank of Australia's (RBA) decision to pause raising interest rates in April was finely balanced.
April 18,2023
GBP/AUD could be prone to near-term weakness according to a new assessment from strategists at UBS.
April 17,2023
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