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The Pound to Australian Dollar exchange rate entered the holiday-shortened week close to its April highs but would risk slipping back beneath the 1.75 handle in the days ahead if the Federal Reserve (Fed) reinforces a nascent upturn in AUD/USD or if the Bank of England (BoE) weighs on Sterling.
May 3,2022
The RBA raised the key interest rate by 25 basis points and signalled a number of further hikes are expected, offering near-term support to the Australian Dollar.
May 3,2022
Any positive impact on AUD from RBA rate hikes may be offset by a challenging external environment.
April 28,2022
Australia's inflation rate is rising at its fastest pace since 2009 shows new data, offering a boost to the Australian Dollar.
April 27,2022
The Pound to Australian Dollar exchange rate’s recent rebound has begun to fizzle out amid renewed stability in Renminbi exchange rates and as attention turns toward the release of first quarter inflation data that could impact the Reserve Bank of Australia (RBA) interest rate outlook.
April 26,2022
AUD slumps amidst Beijing lockdown fears, AUD/USD could fall to 0.70-0.71 says ING, offering upside to GBP/AUD.
April 25,2022
The Pound to Australian Dollar rate extended its April rebound in the final session of the week despite steep losses for Sterling elsewhere and after the antipodean currencies slumped amid an ongoing slide in the Renminbi.
April 25,2022
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