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AUD is underperforming its G10 peers at the start of the new week following the release of disappointing data from China, but it nevertheless looks well supported against the British Pound having broken out of a long-held range on Friday.
August 15,2022
The Pound to Australian Dollar exchange rate opened the new week with losses that have pushed it back toward 2022 lows amid a tentative outperformance by the antipodean currency that could see GBP/AUD struggling to extend its Tuesday rebound once back near to the 1.75 level.
August 9,2022
The Australian Dollar's outlook is "looking fragile" say analysts at Australian lender Westpac.
August 4,2022
The Pound to Australian Dollar exchange rate has further reversed its July decline during the opening days of August but could struggle to advance much beyond the nearby 1.76 level in the absence of an additional boost from the Bank of England (BoE) this Thursday.
November 3,2022
The RBA raised interest rates by 50 basis points to 1.85%, as expected, but the Australian Dollar fell back on signs future hikes would be less aggressive.
August 2,2022
GBP/AUD recovering from bottom of range, reaffirming downside support levels
August 1,2022
The Australian Dollar was softer against most G10 currencies after Australian inflation for the second quarter of 2022 grew 1.8% quarter-on-quarter,
July 27,2022
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