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The Australian Dollar fell in the immediate aftermath of the RBA decision to raise interest rates by 50 basis points, but a subsequent recovery suggests the decision and broader message from Governor Philip low was as expected.
July 5,2022
GBP/AUD has appreciated 1.86% over the past month and could test 1.79 says CBA.
July 4,2022
The RBA dominates the Australian Dollar's near-term outlook with investors expecting a 50 basis point hike to be announced next Tuesday.
July 1,2022
The Australian Dollar is notably undervalued and could be the foreign exchange market's star, but only once the world rids itself of its current list of ills.
July 3,2022
The Pound to Australian Dollar rate retreated from near three-month highs and was at risk of sliding back toward the 1.75 handle early in the new week as Sterling underperformed many other major currencies while the Aussie topped the board alongside the Canadian Dollar.
June 28,2022
China is easing its Covid containment restrictions, boosting expectations for a recovery in the world's second largest economy and Australia's largest export market.
June 28,2022
The Australian Dollar is at risk of a setback that could see it trading down near to some of its lowest levels against the Pound since the onset of the pandemic, according to downgraded forecasts from Commonwealth Bank of Australia.
June 24,2022
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