Wages rise faster than expected, offering near-term AUD support.
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AUD was firmer following a "breakthrough" meeting between Jinping and Albanese, but it is a midweek release of domestic wage data that is of importance near-term.
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GBP/AUD at 1.78 and then 1.80 is possible if the cards fall in Sterling's favour.
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GBP/AUD, EUR/AUD and AUD/USD forecasts from Intesa Sanpaolo.
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It's too soon to go "long" and bet on an enduring Australian Dollar rally, say analysts sceptical of recent excitement over rumours China is about to end its strict Covid containment policies.
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GBP/AUD higher at the start of another week that could well centre on developments in China, where authorities are proving eager to push back against rumours they are willing to reconsider their ze…
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The Pound to Australian Dollar rate was hobbled and left at risk of further losses in the penultimate session of the week after the Bank of England (BoE) appeared to rule out the idea of indulging …
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