The Australian Dollar was a laggard among major currencies midweek after an official measure of wage growth appeared to vindicate the RBA’s scepticism about market expectations for interest rates.
November 17,2021
The Australian dollar has come under pressure after the RBA's minutes of the last meeting once again made the case that the first interest rate hike was not likely before 2024.
November 16,2021
Studies of GBP/AUD charts indicate an ambiguous outlook with the possibility of a reversal despite the downtrend remaining dominant.
November 15,2021
Commonwealth Bank of Australia forecast the Australian Dollar to come under pressure over the remainder of 2021, but they forecast a recovery against the Dollar, Pound and Euro shaping up for 2022.
November 11,2021
The Australian Dollar is a sell in 2022 say strategists at Goldman Sachs in a "Top Trade Ideas for 2022" strategy note.
November 10,2021
"This has cooled the more extreme bets on RBA hikes, undermining Australian Dollar yield support. This probably still has a way to run" - Westpac.
November 9,2021
In spite of recent recovery GBP/AUD remains in a downtrend and a break below 1.82 lows is required to confirm continuation.
November 8,2021
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