The Pound-to-Australian Dollar rate is on the back foot again this week and set to test a six-month low as Sterling's run of underperformance continues while the antipodean unit remains a star player in the major currency barrel. 

May 21,2020

Aussie exports

The British Pound's ongoing sell-off against the Australian Dollar means the GBP/AUD pair is now recording a loss for 2020, marking a significant shift in fortunes for an exchange rate which had been riding at its strongest levels since 2016 just a month-and-a-half earlier.

May 20,2020

Chinese heavy industry

The Pound-Australian Dollar exchange rate's relentless short-term decline extends, as markets eye a potential surge in Chinese demand for Aussie iron ore, coal and other related commodities.

May 19,2020

AUD outlook

Foreign exchange strategists at global investment bank TD Securities tell clients they are not buying into the strong rally in risk assets at the start of the new week, and look to sell the Australian Dollar as an expression of this view.

May 18,2020

AUD

Pound Sterling remains entrenched in a multi-week sell-off against the Australian Dollar, leading us to retain a bearish stance on the GBP/AUD exchange rate at the start of the week.

May 18,2020

The Australian Dollar fell Friday as investors responded to an exchange of fire between the U.S. and China, which offered temporary support to the Pound-Aussie rate although the outlook for Sterling is darkening so the British currency could be at risk of steeper losses up ahead. 

May 17,2020

The Pound-Australian Dollar rate was in recovery mode Thursday and could be lifted back to 1.94 by weakness in the antipodean currency over the coming days, although the sell-off is not yet over and could easily resume if the AUD/USD rate is able to recover its footing. 

May 14,2020

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