The Pound will continue rising versus the Australian Dollar as a result of increased expectations that the Bank Of England (BOE) will increase interest rates.
September 26,2017
The Reserve Bank of Australia is not likely to raise interest rates until 2020, according to research from Australian lender Westpac.
September 25,2017
The Pound-to-Australian Dollar pulled back at the end of last week after Theresa May’s speech in Florence undermined the Pound, whilst the Aussie firmed as long-term prospects eclipsed short-term wobbles associated with the Australian Reserve Bank (RBA).
September 25,2017
Despite recent set-backs, Normura bank recommends buying the Australian Dollar on dips, as they see the currency’s broad uptrend continuing.
September 22,2017
Household debt levels are a key concern for RBA policy makers, while a strong exchange rate could also scupper a hike, but strategists say rates will still rise in 2018.
September 21,2017
One economist doubts whether RBA optimism will mean a rate hike any time soon, while another questions whether policy makers are really that optimistic at all.
September 19,2017
The Pound to Australian Dollar surged higher at the end of last week after the Bank of England (BOE) said it was considering raising interest rates sooner than expected by markets.
September 18,2017
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