18 May 2023 New Zealand and Australian Dollars Diverge with Data and Budget Outcomes

The New Zealand Dollar entered the penultimate session of the week on the front foot and at the top of the major currency board while the Australian Dollar trailed near the back of the pack, though…

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17 May 2023 GBP/AUD Rate Buoyed by Aussie Wage Data and Softer Renmnibi 

The Pound to Australian Dollar rate climbed in mid-week trade after an official measure of wage growth validated Reserve Bank of Australia (RBA) forecasts and as China's Renminbi appeared to lead o…

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17 May 2023 Peak in Australian Wages Could Mean a Peak in RBA Interest Rates

Australian wages appear to be peaking, which could in turn mean the Reserve Bank of Australia (RBA) has potentially reached its peak interest rate for the current cycle.

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16 May 2023 Australian Dollar Back Under Pressure Following RBA Minutes, Chinese Data and Slide in Consumer Confidence

The Australian Dollar is under pressure following new communication from the RBA, disappointing consumer confidence figures and Chinese data which suggests economic growth in Australia's largest tr…

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15 May 2023 GBP/AUD Rate Week Ahead Forecast: Uptrend on Hold, RBA Minutes and Labour Market Data Offers Near-term Volatility

The Australian Dollar will this week remain at risk of further weakness in global commodity prices, however, a busy domestic calendar will also provide some potential volatility in the Pound to Aus…

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12 May 2023 GBPAUD Rebounds, But Upside Might be Limited for Now

GBPAUD has bounced ahead of the weekend but a peaking of Bank of England rate hike expectations and a slowing economic data pulse could mean fresh 2023 highs are out of reach in the near term.

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09 May 2023 GBP/AUD Week Ahead Forecast: Gravity Constrains

The Pound to Australian Dollar rate edged higher in the opening session of a holiday-shortened week but any further gains could be limited with GBP/AUD potentially listing to the downside in the wa…

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