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.…
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The Australian Dollar is a sell in 2022 say strategists at Goldman Sachs in a "Top Trade Ideas for 2022" strategy note.
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"This has cooled the more extreme bets on RBA hikes, undermining Australian Dollar yield support. This probably still has a way to run" - Westpac.
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In spite of recent recovery GBP/AUD remains in a downtrend and a break below 1.82 lows is required to confirm continuation.
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The Australian Dollar outlook will rely to a great extent on whether the country continues to print supportive trade dynamics, therefore what happens to oil, iron and natural gas prices going forwa…
Read more … →GBP/AUD rate is trading at around 1.8200 at the time of writing after falling 1.15% in the week before. Studies of the charts suggest the pair will continue falling in line with the dominant downtr…
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The Pound-to-Australian Dollar exchange rate could at risk of further declines toward 1.8000 or just above over the coming week as the market digests the latest from the RBA, Fed and Bank of Englan…
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