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The Pound to Australian Dollar exchange rate’s recent rebound has begun to fizzle out amid renewed stability in Renminbi exchange rates and as attention turns toward the release of first quarter inflation data that could impact the Reserve Bank of Australia (RBA) interest rate outlook.
April 26,2022
AUD slumps amidst Beijing lockdown fears, AUD/USD could fall to 0.70-0.71 says ING, offering upside to GBP/AUD.
April 25,2022
The Pound to Australian Dollar rate extended its April rebound in the final session of the week despite steep losses for Sterling elsewhere and after the antipodean currencies slumped amid an ongoing slide in the Renminbi.
April 25,2022
The Pound's April rebound against the Australian Dollar has peaked for now with a potential second successive day of losses in prospect, driven by rising commodity prices.
April 20,2022
The Australian Dollar rose against the British Pound, Euro and Dollar as London's market reopened following a long weekend and investors reacted to indications an interest rate at the Reserve Bank of Australia is nearing.
April 19,2022
AUD remains the best performing major currency of 2022 and is expected by analysts to remain buoyant amidst news China is to engage fresh stimulus to boost its economy while the domestic labour market remains tight, according to just-released data.
April 14,2022
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
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