The Australian Dollar was a straggler among major currencies this month due partly to the handicap of comparatively low bond yields but Spectra Markets is tipping AUD/USD as a buy in anticipation of a recovery over the coming weeks.
March 31,2023
The Australian Dollar could be in for a boost in early April if the RBA pushes back on the market's current expectations for a number of rate cuts to be delivered by year-end.
March 30,2023
The Australian Dollar relinquished some of its earlier gains in midweek trade after official data suggested a February softening of inflation that raises the risk of the Reserve Bank of Australia (RBA) leaving its cash rate unchanged next week and could help to support GBP/AUD near recent highs.
March 29,2023
The Australian Dollar is underperforming other 'Chinese reopening' financial assets and now looks attractive as a result, according to new research from strategists at Bank of America.
March 28,2023
GBP/AUD risking corrective setback from 13-month high if retail sales or CPI prompts increase in RBA rate pricing.
March 27,2023
The Pound to Australian Dollar exchange rate entered the new week on the front foot but with Federal Reserve (Fed) and Bank of England (BoE) interest rate decisions still looming ahead the risk is of GBP/AUD rising further in a possible upward breakout on the charts over the coming days.
March 20,2023
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