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
Any weakness in the Australian Dollar is likely to be temporary say foreign exchange analysts at Australian lender NAB.
January 26,2021
The Pound still remains preferred against the Australian Dollar in the short-term, with momentum studies of the chart suggesting the rally that started on January 07 can persist.
January 25,2021
Foreign exchange analysts at global financial services provider Commerzbank have told clients at the start of 2021 that the Australian Dollar faces near-term headwinds, but a resumption of a strong appreciation trend that characterised 2020 will resume over the medium-term.
January 21,2021
Page 107 of 277