The Australian Dollar is "catching its breath" before it pushes higher, according to a new analysis from Rabobank.
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AUD will likely remain preferred to GBP for the foreseeable future, but a break below a key level looks unlikely says Westpac who reckon much of the UK's energy shock is 'in the price'.
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AUD is set to remain favoured against GBP over coming days.
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The Australian Dollar trades softer following the release of disappointing labour market data, the second disappointing release from the country this week.
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JP Morgan backs a rise in the Australian Dollar over coming months, saying the country's record breaking trade surpluses will provide a fundamental source of support.
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Rising interest rates at the Reserve Bank of Australia (RBA) are to force the country's housing market into reverse, according to economists at one of the country's biggest lenders.
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AUD is underperforming its G10 peers at the start of the new week following the release of disappointing data from China, but it nevertheless looks well supported against the British Pound having b…
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