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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
GBP/AUD within the confines of an increasingly well defined range, but Rabobank says the Pound will ultimately fail to sustain a move higher.
June 22,2022
The Pound to Australian Dollar exchange rate may be in the early stages of partially reversing a steep multi-month slide in a process that could see it better supported above the 1.75 level and possibly even breaking back above the 1.78 handle in the days or weeks ahead.
June 21,2022
The development is inflationary and will therefore likely maintain pressure on the RBA to pursue higher interest rates, which is on balance consistent with a stronger Australian Dollar.
June 15,2022
The Pound to Australian Dollar rate entered the new week on its front foot but could be volatile in the days ahead, with both up and downside risks, if forthcoming Federal Reserve (Fed) and Bank of England (BoE) policy pull in opposing directions for GBP/AUD.
June 15,2022
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