Goldman Sachs cut AUD forecasts, raising GBP/AUD forecast profile. Credit Suisse says staying bearish AUD.
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AUD found support following another data release confirming Australia continues to run a trade surplus.
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The Australian Dollar was lower after the Reserve Bank of Australia (RBA) signalled the top in Aussie interest rates was nearing after it delivered a 25 basis point interest rate hike.
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GBP/AUD up 5.0% last week alone, consolidates ahead of RBA which is this week's biggest risk.
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The Pound to Australian Dollar rate has been highly volatile of late but there may now be a basis for thinking it's unlikely to fall any lower than 1.6327 from here and that its recovery from this …
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The Pound to Australian Dollar exchange rate remained close to four-year lows during the midweek session but may be at risk of heavy losses in the days ahead, which could potentially see Sterling f…
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The Australian Dollar came under pressure in the final session of the week but its losses did not appear to be connected with Reserve Bank of Australia Governor Philip Lowe suggestion that the RBA'…
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