Australian Dollar's Losses Snowball, Bounce Overdue
July 25, 2024
The sell-off in the Australian Dollar snowballed following yet another surprise interest rate cut at the People's Bank of China (PBoC) and a continuation of the 'carry trade' unwind centred on the Yen.
Australian Dollar, Industrial Metals Weighed Down by China Plenum Disappointment
July 23, 2024
Falling industrial metal prices linked to disappointing policy developments in China are said to be weighing on the Australian Dollar.
Pound to Australian Dollar Week Ahead Forecast: Rally Stretches its Legs
July 22, 2024
Should global investor sentiment deteriorate further in the coming days, there is a good chance that GBP/AUD will make a run for 2024 highs at 1.9570.
Misplaced Australian Dollar Strength Follows Labour Market Survey
July 18, 2024
AUD outperforms after the Australian Labour Force Survey revealed a solid increase in jobs. But Australia's biggest banks don't think this is enough to prompt a rate hike at the Reserve Bank of Australia.
Pound to Australian Dollar Week Ahead Forecast: Big Technical Test
July 15, 2024
The Pound to Australian Dollar exchange rate's recovery meets a key technical hurdle that could frustrate further advances in the coming week.
Australian Dollar Forecasts: What Two More RBA Rate Hikes Mean
July 11, 2024
A major investment bank has said it thinks the Australian Dollar can continue its streak of outperformance.
Pound to Australian Dollar Week Ahead Forecast: Recovery to 1.9095
July 08, 2024
The Pound to Australian Dollar exchange rate can recover to 1.91 this week.
Australian Dollar Scales January Highs as it Rides the Global Risk Rally
July 04, 2024
The Australian Dollar scaled January highs as it proves to be one of the main beneficiaries of the relief rally underway in global markets, which can continue into the weekend.
Australian Dollar Tops the Charts on Retail Beat
July 03, 2024
The Australian Dollar is the top-performing G10 currency after Australian retail sales beat expectations and raised the odds of another interest rate rise at the country's central bank.
AUD Softer After RBA Meeting Minutes Show High Bar to an August Rate Cut
July 02, 2024
The Australian Dollar is on the defensive after the Reserve Bank of Australia released its June meeting minutes, however, weakness might prove shortlived.
Pound to Australian Dollar Forecast Overview for H2: Median Upgraded
July 01, 2024
Since the start of the year, the year-end median forecast for the Pound to Australian dollar exchange rate has risen by 500 pips.
Australian Dollar: Bracing for a Hike
June 27, 2024
Australian financial conditions are tightening as markets brace for another interest rate hike at the Reserve Bank of Australia (RBA).
Australian Dollar Runs Rampant as RBA Rate Hike Fears Stoked By Inflation Beat
June 26, 2024
The Australian Dollar is off to the races today, making significant gains against all its G10 peers after Australian inflation beat expectations.
Pound to Australian Dollar: Bearish as AUD Bulls Sniff Out Another Hike
June 24, 2024
Further GBP/AUD losses are likely as markets consider the potential for another Australian interest rate hike. But we could see a limited bout of strength in the early parts of this week.
Australian Dollar Strength Has Further to Run: BCA
June 19, 2024
Strategists at an independent financial markets research firm say they are holding onto the view the Australian Dollar has further gains in its tank.