GBP/AUD under pressure & risking further losses short-term

February 21,2023

The Australian Dollar was quick to erase on Thursday the short-lived losses sustained after Australian Bureau of Statistics data warned of a year-end softening of the antipodean labour market which, if continued, could eventually have implications for Reserve Bank of Australia (RBA) interest rate policy. 

February 16,2023

Australian Dollar exchange rate

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

Aussie Dollar

Strategists at JP Morgan look to maintain a 'short' position on the British Pound against the Australian Dollar.

February 8,2023

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