07 August 2020 Rising Iron Ore Price and RBA Boost Australian Dollar against Pound, GBP/AUD Pares Recent Gains

The Pound is looking on target to register a ~1.0% loss against the Australian Dollar for the current week, amidst a broad-based recovery in the Australian Dollar that looks to be centred on the pe…

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06 August 2020 Australian Dollar Propped Up by New Highs for Gold Prices but USD's Appeal Key to Outlook 

The Australian Dollar has been kept from a correction in recent weeks by repeated new highs for gold prices that were still climbing on Thursday although currency market price action indicates that…

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06 August 2020 BoE Boost Pushes Pound-to-Australian Dollar Rate Higher, Westpac Slash Aus Economic Forecasts

The British Pound rallied by over half a percent against the Australian Dollar in the wake of the release of the August Bank of England monetary policy statement that saw policy makers indicate the…

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05 August 2020 Pound-to-Australian Dollar Exchange Rate Uptrend Not Yet Over, According to Tech Analysts

The Pound has seen its winning run against the Australian Dollar come to an end following Tuesday's 0.66% decline, however momentum in the GBP/AUD exchange rate remains positive and advocates for f…

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04 August 2020 "Trade of the Week": Pound-to-Australian Dollar Rate Tipped to Head Back to 1.80

Foreign exchange strategists at RBC Capital Markets - the Canada-based international financial services provider and investment bank - are this week calling time on the Pound's rally against the Au…

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04 August 2020 Australian Dollar Gets Free Pass as RBA Takes Less Downbeat View of Economy 

The Aussie Dollar was given a free pass by the Reserve Bank of Australia Tuesday when its ongoing recovery rally went unremarked upon in the August monetary policy update, with the bank instead tak…

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03 August 2020 Pound-to-Australian Dollar Firms Ahead of RBA Meeting

The Pound has risen for seven days in succession against the Australian Dollar, and the first full trading day of August sees a further advance underway which should underline the view that the rec…

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