Strategists at RBC Capital Markets have anointed GBP/AUD as the "trade of the week", saying they are going "long".
September 13,2021
The Australian Dollar fell in the wake of a decision by the reserve bank to extend its quantitative easing programme while a turn lower in global markets provided global headwinds to the currency's recent trend of appreciation.
September 7,2021
The outlook for the Australian Dollar has improved and upside risks are starting to build, according to a new research update from CBA.
September 6,2021
The Reserve Bank of Australia is tipped by a one of Australia's largest lenders to delay the withdrawal of its crisis-era stimulus.
September 2,2021
AUD/USD in reversal mode, draws bid from Westpac.
September 1,2021
The Pound-to-Australian Dollar rate entered the holiday-shortened week on its front foot and with scope to rise as far 1.90 or slightly above over the coming days, although Sterling could be pressured lower into a retest of support at 1.88 later this week in the event of further U.S. Dollar declines.
August 30,2021
Australia's Dollar was on the back foot in the penultimate session of the week but had risen against currencies of most Australian trade partners for the week overall in a sign it could be bottoming after a lengthy run of losses, although many forecasts suggest a recovery remains some way off.
August 26,2021
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