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2022's best performing major currency - the Australian Dollar - has found some near-term buying interest again amidst another pick up in commodity prices, although concerns over strict Chinese Covid lockdowns will likely hamper any meaningful rallies.
April 12,2022
The Pound to Australian Dollar exchange rate has stabilised near to recent multi-year lows and could attempt a further partial recovery this week if U.S. bond yields and inflation developments lead AUD/USD to retreat further from early April's highs over the coming days.
April 11,2022
The Australian Dollar is 2022's top performing major and any bouts of weakness - as seen in the past week - are likely to be short-lived says a major Australian lender.
April 8,2022
The Australian Dollar's rapid ascent against the Pound, Euro and U.S. Dollar has eased with analysts citing the recent slip in oil prices, although Commonwealth Bank of Australia says the currency remains undervalued.
April 7,2022
The Pound to Australian Dollar exchange rate fell to four-year lows early in the new week and could be at risk of slipping further toward 1.70 over the coming days after the Reserve Bank of Australia (RBA) indicated that it could, after all, meet market expectations for its interest rate.
April 5,2022
The Pound to Australian Dollar exchange rate reached 1.7414 and its lowest since the early days of 2021 this week but could be likely to stabilise above there over the coming days owing in part to a slowing and possible consolidation of the recent rally in AUD/USD.
March 30,2022
GBP/AUD approaches lowest in two years as AUD maintains best performer status.
March 25,2022
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