Australian Dollar News Directory

Australian wages appear to be peaking, which could in turn mean the Reserve Bank of Australia (RBA) has potentially reached its peak interest rate for the current cycle.

May 17,2023

The Australian Dollar is under pressure following new communication from the RBA, disappointing consumer confidence figures and Chinese data which suggests economic growth in Australia's largest trading partner continues to disappoint.

May 16,2023

The Australian Dollar will this week remain at risk of further weakness in global commodity prices, however, a busy domestic calendar will also provide some potential volatility in the Pound to Australian Dollar exchange rate (GBP/AUD).

May 15,2023

GBPAUD has bounced ahead of the weekend but a peaking of Bank of England rate hike expectations and a slowing economic data pulse could mean fresh 2023 highs are out of reach in the near term.

May 15,2023

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