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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
There is a risk GBP/AUD slips to 1.7650 or below over the coming days.
March 22,2022
Any weakness in the Australian Dollar is being viewed by strategists at Westpac as an opportunity to buy, a view which if correct would mean Pound-Australian Dollar exchange rate upside will remain limited near-term.
March 21,2022
AUD/USD’s gains see GBP/AUD ebb lower after data shows AU job market blooming.
March 17,2022
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