The Australian Dollar will struggle to push GBP/AUD below the floor at 1.72 if the expectations at a major European lender and financial services provider prove correct.
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The Australian Dollar is expected to extend lower by foreign exchange strategists at international investment bank Morgan Stanley.
Read more … →The Australian Dollar is likely to outperform Pound Sterling during the weeks and months ahead according to Commonwealth Bank of Australia (CBA) research, with elevated commodity prices and shiftin…
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The Pound to Australian Dollar exchange rate entered the holiday-shortened week close to its April highs but would risk slipping back beneath the 1.75 handle in the days ahead if the Federal Reserv…
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The RBA raised the key interest rate by 25 basis points and signalled a number of further hikes are expected, offering near-term support to the Australian Dollar.
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Any positive impact on AUD from RBA rate hikes may be offset by a challenging external environment.
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Australia's inflation rate is rising at its fastest pace since 2009 shows new data, offering a boost to the Australian Dollar.
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