The Australian Dollar was a straggler among major currencies on Monday as Reserve Bank of Australia (RBA) monetary policy continued to handicap the antipodean unit, enabling GBP/AUD to rise with an outperforming Pound that could have scope for further gains over the short-term.
February 15,2021
The Australian Dollar will continue to advance in value against the British Pound and U.S. Dollar say foreign exchange analysts at NatWest Markets, the UK high-street lender and investment bank.
February 11,2021
The Australian Dollar is being tipped to undergo some near-term weakness by foreign exchange analysts at investment bank BNY Mellon, but they tell clients they remain optimistic on the currency's chances of appreciation over coming months.
February 10,2021
The Pound-to-Australian Dollar exchange rate (GBP/AUD) has shifted lower in the wake of a recovery in iron ore prices, a development that tends to bode well for Australia's export earning potential.
February 9,2021
The Pound-to-Australian Dollar exchange rate put in a new near-two month peak on Friday, before dipping sharply in a reversal move that raises questions as to whether buyers have run out of steam.
February 8,2021
The jump in Pound Sterling's value following Thursday's Bank of England event combined with a dovish message from the Reserve Bank of Australia to trigger a new two-month high in GBP/AUD.
February 5,2021
The Pound, U.S. Dollar and Euro all fell back from their recent highs against the Australian Dollar on Thursday as a recovery in global iron ore prices shored up demand for the antipodean currency.
February 4,2021
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