A strong set of Australian employment data underscores the robust health of the domestic economy, but a forward-looking foreign exchange market opted to adopt a cool approach to the Aussie currency.
April 15,2021
Questions of when, or indeed if ever, the Australian economy will return to full potential have been raised in the wake of comments from a senior government minister that international borders could remain effectively closed for an indefinite period.
April 14,2021
Foreign exchange strategists at TD Securities are entering a "short GBPAUD position" in order to capture value in a falling Pound Sterling against the Australian Dollar which is tipped to benefit from a stronger-than-expected labour market report on Thursday.
April 13,2021
The British Pound's 2021 uptrend against the Australian Dollar remains intact with an under-pressure UK currency picking up support at a critical support level in the previous week.
April 12,2021
2021 is still likely to see the Australian Dollar appreciate says analysts at Australian lender Westpac, however a resumption of gains are tipped to be a feature of the second half of the year.
April 9,2021
The Australian Dollar will not receive any support from Reserve Bank of Australia policy in the foreseeable future shows new analysis from a leading investment bank, although the currency is now notably undervalued and this could provide a cushion.
April 6,2021
The British Pound is attempting to push higher against the Australian Dollar once again as the UK currency finds itself in the driver's seat at the start of the new week that sees a decidedly mixed and uncertain Aussie Dollar.
March 29,2021
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