The Australian Dollar turned sharply lower against the Pound, Euro and U.S. Dollar as well as the majority of its G10 peers amidst signs China was looking to ramp up economic pressure on Australia.
May 27,2020
The British Pound's downtrend against the Australian Dollar looks set to remain in place for the foreseeable future says a noted foreign exchange analyst we follow.
May 27,2020
The Pound's recent recovery against the Australian Dollar could run further, according to technical studies of the GBP/AUD exchange rate with confirm potential for a rebound to take shape.
May 26,2020
The Australian Dollar reversed some of its recent gains against the Pound, Euro and U.S. Dollar ahead of the weekend in response to a broad deterioration in market sentiment, as investors considered rising geopolitical tensions between the U.S. and China.
May 22,2020
Foreign exchange strategists at Rabobank - the multi-national retail, commercial and investment bank - have said there is a chance the Australian Dollar's recent run of appreciation runs into trouble, leading to a decline over the course of the coming 1 to 3 months.
May 21,2020
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
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
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