The Australian Dollar slipped to a fresh 2023 low against the British Pound and was softer against all its major peers on the day it was announced China saw a sharp slump in both imports and export…
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GBPAUD remains in a clear uptrend that could ultimately allow for further advances to fresh highs over the coming weeks, although near-term weakness is possible over the coming days of August.
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The Australian Dollar is down against the Pound, Dollar, Euro and all G10 peers after the Reserve Bank of Australia (RBA) kept interest rates unchanged.
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GBPAUD remains in an uptrend that is yet to show any signs of decay and further advances are therefore likely, however, two central bank meetings will set the tone for this pair in the coming week.…
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The Australian Dollar was weaker after it was reported Australia's headline rate of inflation retreated from 5.6% year-on-year to 5.4% in the second quarter, prompting markets to lower expectations…
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The Pound to Australian Dollar exchange rate entered the new week teetering at a technical inflection point on the charts with antipodean inflation figures and a Federal Reserve (Fed) decision set …
Read more … →A strong Australian jobs report and a boost to the Chinese Yuan have conspired to propel the Australian Dollar to the top of the leaderboard on July 20.
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