Expect a resilient Australian economy and currency, thanks to improved trade with China and a slow pace of rate cuts at the Reserve Bank of Australia (RBA).
March 13,2024
The Pound to Australian Dollar exchange rate hit a new 2024 high at 1.9553 last week but ultimately capitulated and ended the week flat, raising the odds of a softer trading conditions in the coming week.
March 11,2024
The Australian Dollar is one of the leading advancers in global foreign exchange as confidence in a June rate cut at the Fed grows while China announces new measures to boost its economy.
March 7,2024
The Australian Dollar was broadly firmer on the day Australian GDP data confirmed to analysts that the Reserve Bank of Australia (RBA) is on course to deliver an interest rate cut after the other major central banks.
March 6,2024
GBP/AUD is firm at the start of week packed with Australian data releases and the UK's midweek budget.
March 4,2024
The Australian Dollar was the second-worst performing G10 major after Australia's monthly inflation print undershot.
February 28,2024
GBP/AUD can move higher over the coming days thanks to a broadly constructive technical setup, however, any surprises in this week's Aussie inflation figures would invalidate this view.
February 26,2024
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