It's too soon to go "long" and bet on an enduring Australian Dollar rally, say analysts sceptical of recent excitement over rumours China is about to end its strict Covid containment policies.
November 8,2022
GBP/AUD higher at the start of another week that could well centre on developments in China, where authorities are proving eager to push back against rumours they are willing to reconsider their zero-Covid policy.
November 7,2022
The Pound to Australian Dollar rate was hobbled and left at risk of further losses in the penultimate session of the week after the Bank of England (BoE) appeared to rule out the idea of indulging earlier derivative market pricing implying that Bank Rate could top five percent in the months ahead.
November 8,2022
GBP/AUD was higher at the start of a new month following a 25 basis point rate hike at the Reserve Bank of Australia that left the Aussie Dollar trading in mixed fashion.
November 1,2022
The Reserve Bank of Australia is set to raise interest rates again on Tuesday, but there is an element of uncertainty as to the scale of the hike, with the outcome likely to impact the Australian Dollar.
October 31,2022
The Pound to Australian Dollar exchange rate has remained close to six month highs in recent trade but its recovery from the post-referendum lows plumbed in late September has been stalled by a thicket of technical resistances that could keep Sterling contained below roughly the 1.8000 level in the days ahead.
October 25,2022
AUD and NZD are set to extend their decline as commodity prices prove unsupportive and a fall in global stock markets continues well into 2023.
October 13,2022
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