A material increase in Australian iron ore exports combined with a strong rebound in coal and LNG exports have propelled the Australian Dollar higher over recent weeks, and further gains are likely…
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Pound Sterling was battling to extend a short-term recovery against the Australian Dollar on Monday as investors cheered strong economic data out of China and advances in commodity prices.
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Australia's Dollar was a laggard among major currencies on Friday as risk-aversion prevailed among investors ahead of the weekend but the antipodean unit remains undervalued and robust prospects fo…
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The Australian Dollar's outperformance in 2020 puts it on a strong footing at the start of the new year, but some analysts say investors must be aware that the exceptional performance of past month…
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The Australian Dollar was a laggard and Sterling an outperformer on Wednesday as a stalling iron market conspired with the Bank of England (BoE) to incite the Pound-Aussie rate into a fi…
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The Australian Dollar is still fundamentally undervalued even after its forty percent rally from March 2020 lows, according to analysts at Commonwealth Bank of Australia (CBA), who say that surging…
Read more … →The Pound is forecast to lose further ground to the Australian Dollar, with momentum studies of the charts confirming the Aussie Dollar is favoured over its British counterpart.
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