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
The Reserve Bank of Australia has surprised markets by expanding its bond buying quantitative easing programme while sending a clear message to markets that interest rates will not rise for three more years.
February 2,2021
The Pound-to-Australian Dollar (GBP/AUD) recorded a new two-month high at the start of February, with the pair hitting 1.80 on Monday amidst an environment of positive technical momentum and mixed fundamentals for the Aussie.
February 1,2021
The Pound-to-Australian Dollar exchange rate (GBP/AUD) has rallied by over a percent already this week, with gains accelerating through Wednesday and Thursday amidst a sharp drop in global equity and commodity prices.
January 28,2021
The Australian Dollar underperformed with Asian financial markets on Wednesday and is vulnerable to softening commodity prices in the short-term, according to strategists at Westpac, who see risks of a correction in AUD/USD ahead of further gains later in 2021.
January 27,2021
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