Improved global investor risk sentiment and rising bets that the Reserve Bank of Australia (RBA) will hike interest rates on June 06 helped the Australian Dollar rally ahead of the weekend.
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The Australian Dollar firmed as a Chinese manufacturing survey for May showed the sector returned to growth, but other data point to a shaky recovery that could limit the upside potential in China-…
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The Australian Dollar was one of the bigger fallers in the advanced economy currency space in mid-week trade as losses lifted GBP/AUD to one-year highs while helping to paint an increasingly bullis…
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The Pound to Australian Dollar exchange rate opened the holiday-shortened week near the month's highs and some of its best levels for more than a year but it could reach toward the sky if inflation…
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The Pound to Australian Dollar exchange rate remained buoyant near its highs for the period in the final session of the week as bilateral economic developments helped to maintain an improved bond y…
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GBPAUD rallied sharply on Thursday and could be on course to test its 2023 high-water mark located at 1.9028 amidst a broader pullback in the Aussie Dollar.
Read more … →The Pound to Australian Dollar exchange rate entered the new week around the middle of a narrow May month range but could be more volatile in the days ahead while on a multi-week basis price action…
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