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The Pound to Australian Dollar rate has struggled to sustain its May rebound and could be set to remain suppressed at the lower end of a multi-year range in the days and weeks ahead as the Chinese economy reopens in earnest, likely aiding an outperformance by the antipodean currencies.
May 30,2022
AUD could advance if the RBA takes a lead from the RBNZ and signals the need to step up the pace at which it raises interest rates.
May 26,2022
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
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