The Pound to Australian Dollar exchange rate fell toward the bottom of a fortnight-long range early in the new week but could be likely to retest the top of that band up around the 1.78 handle in the days ahead.
May 24,2022
The change in government in Canberra is unlikely to shift the Australia Dollar's outlook, which some currency analysts say remains constructive.
May 23,2022
This week's Australian wage and employment data validates a "cautious stance" on interest rates at the Reserve Bank of Australia (RBA) which will push down on the Aussie Dollar, says investment bank Crédit Agricole.
May 19,2022
Australian Dollar bulls might be in for some disappointment: wages in the country are not growing fast enough to prompt the Reserve Bank of Australia into a series of aggressive rate hikes, according to analysts.
May 18,2022
The Pound to Australian Dollar exchange rate has rebounded off its early May lows during recent weeks but has met tough resistance near the 1.78 level on the charts, which could continue to bar Sterling’s path higher in the days ahead and during what is an important week for Australian economic data.
May 17,2022
Credit Suisse says housing matters could have potentially significant implications for the value of the Australian Dollar going forward.
May 12,2022
The Australian and New Zealand Dollars led a major currency rebound early in the midweek session but remained underperformers for the month to early May and Commonwealth Bank of Australia has warned that recent losses could yet extend further and by up to five cents in both cases.
May 11,2022
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