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The Australian Dollar is one of the better performing currencies of 2022 thanks to a stellar August, but analysts at investment bank Goldman Sachs say they are cautious on the currency on a "tactical basis".
September 1,2022
The Pound to Australian Dollar exchange rate reached new lows for the year and its softest level since October 2017 to open the new week but appeared to stabilise near an important level of technical support around 1.6874 on charts, suggesting a tentative bottom may be in for GBP/AUD.
August 30,2022
The Pound to Australian Dollar exchange rate approached new five year lows this week but with a major level of technical support now nearby on the charts, any further losses may be limited to around the 1.6874 level in the days ahead.
August 25,2022
The Australian Dollar is "catching its breath" before it pushes higher, according to a new analysis from Rabobank.
August 25,2022
AUD will likely remain preferred to GBP for the foreseeable future, but a break below a key level looks unlikely says Westpac who reckon much of the UK's energy shock is 'in the price'.
August 24,2022
AUD is set to remain favoured against GBP over coming days.
August 22,2022
The Australian Dollar trades softer following the release of disappointing labour market data, the second disappointing release from the country this week.
August 22,2022
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