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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The Australian Dollar remained the second best performing major currency of 2021 on Friday but gains relative to the Euro have been less remarkable than against the Japanese Yen and Commonwealth Ba…
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The Aussie is likely to push the Pound-to-Australian Dollar exchange rate to a three-year low as it continues to outperform in the weeks ahead, according to TD Securities, although analy…
Read more … →Foreign exchange strategists at HSBC have recommended buying the Australian Dollar on the expectation that further gains for the antipodean currency to gain exposure to the global economic recovery…
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The Australian Dollar outperformed on Tuesday as global markets stabilised following an earlier sell-off and as investors rewarded further evidence of a robust recovery being under way in the domes…
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The Australian Dollar rose on Wednesday as currency markets continued to look on the brighter side of a coronavirus-contaminated outlook, with the antipodean currency's strength enabling it to cons…
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The Pound-Australian Dollar rate recovered its footing as the U.S. Dollar dominated in risk-averse holiday trade Tuesday, although lingering Brexit and coronavirus risks leave Sterling susceptible …
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