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 a…
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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 …
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Any weakness in the Australian Dollar is likely to be temporary say foreign exchange analysts at Australian lender NAB.
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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.
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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…
Read more … →The Pound-Australian Dollar rate advanced to a one-month high on Wednesday as fundamental tailwinds enabled Sterling to continue outperforming, although gains over its antipodean counterpart have bro…
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Any rebounds in the U.S. Dollar should be temporary say strategists at Standard Chartered, viewing any bounces as a tactical opportunity to buy into other currencies such as the Pound, Euro and Aus…
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