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The Australian Dollar could be set to experience further declines in value if the S&P 500 embarks on a more protracted decline, which is anticipated in a new study conducted by JP Morgan.
February 17,2023
AUD was an underperformer in global FX after global equity markets retreated amidst softer investor sentiment and traders reacted to fresh guidance from the Reserve Bank of Australia (RBA) as to the outlook for domestic interest rates.
February 15,2023
"As for the Australian economy, growth has been steady, and we do not expect a recession to occur this year" - Wells Fargo.
February 9,2023
Strategists at JP Morgan look to maintain a 'short' position on the British Pound against the Australian Dollar.
February 8,2023
The Australian Dollar was stronger after the Reserve Bank of Australia (RBA) raised interest rates by 25 basis points and signalled it had more work to do.
February 15,2023
The Pound to Australian Dollar exchange rate pared its early February losses to open the new week but local strategists say the rebound could run out of steam ahead of 1.78, while Sterling would also risk fresh losses if the Reserve Bank of Australia (RBA) strikes a hawkish chord on Tuesday.
February 7,2023
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