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The Pound to Australian Dollar rate has been highly volatile of late but there may now be a basis for thinking it's unlikely to fall any lower than 1.6327 from here and that its recovery from this week's all-time lows could potentially extend as far as, or perhaps even above 1.70 up ahead.
September 27,2022
The Pound to Australian Dollar exchange rate remained close to four-year lows during the midweek session but may be at risk of heavy losses in the days ahead, which could potentially see Sterling falling to some of its weakest levels since the months after the 2016 Brexit referendum.
September 21,2022
The Australian Dollar came under pressure in the final session of the week but its losses did not appear to be connected with Reserve Bank of Australia Governor Philip Lowe suggestion that the RBA's interest rate could top out lower than financial markets currently expect.
September 16,2022
"The labour market is extremely tight, and all indicators suggests it is poised for further strength"
September 15,2022
The Australian Dollar is a "quality" currency that is set to rally against the U.S. Dollar and all other major currencies over coming months, according to new analysis from BMO Capital Markets.
September 14,2022
"We expect the Australian dollar to weaken over the remainder of this year and next, for two key reasons" - Capital Economics.
September 12,2022
AUD trading softer, Lowe's speech in focus, RBA to slow rate hiking cycle as Aussie trade balance declines.
September 8,2022
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