The Pound to Australian Dollar exchange rate reached new lows for the year and its softest level since October 2017 to open the new week but appeared to stabilise near an important level of technic…
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The Pound to Australian Dollar exchange rate approached new five year lows this week but with a major level of technical support now nearby on the charts, any further losses may be limited to aroun…
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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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