The Australian Dollar was on its back foot Wednesday after being repelled from a key technical resistance barrier and as investors bet the Reserve Bank of Australia (RBA) will cut its interest rate again sooner rather than later, but multiple analysts are saying that further losses should be limited. 

July 24,2019

The Pound-to-Australian-Dollar rate is set to begin trading around 1.7742 when the market opens after falling back to its January lows in the previous week, although the pair is in a downtrend and the charts are arguing for more losses in the days ahead. 

July 21,2019

The Australian Dollar cooled its heels on Friday after running head-on into a "tough" resistance level on the charts and amid a rebound by the U.S. currency, although the Aussie could face a more protracted retreat next week if analysts at Commerzbank as well as Australia & New Zealand Banking Group (ANZ) are right. 

July 19,2019

The Australian Dollar rose to the top spot in the G10 league table Thursday after jobs data for the month of June was seen fostering a shift from part-time to full-time work within the labour market, leading markets to question whether a third anticipated Reserve Bank of Australia (RBA) interest rate cut will really be delivered in November. 

July 19,2019

The Pound wracked up heavy losses against the Australian Dollar Tuesday amid a deteriorating outlook for the British currency but the sell-off is not over yet according to analysts at Westpac, who say further falls will blight Sterling this autumn but that a recovery will follow soon after. 

July 16,2019

The Australian Dollar advanced against its developed world rivals Monday after the latest official figures cast China's economy in a resilient light, aiding sentiment toward risk-sensitive assets, although there's a duo of domestic icebergs lurking further out in the waters of the new week that could yet topple the Aussie. 

July 15,2019

AUD

The GBP/AUD pair is in a downtrend which is forecast to continue over the next five days.

July 14,2019

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