The Australian Dollar has hit a six-month high against the Pound and a four-month best against the U.S. Dollar amidst improved global investor sentiment that followed the Federal Reserve decision and the release of some surprisingly strong domestic jobs data.
December 14,2023
The Pound to Australian Dollar exchange rate can expect further volatility over the coming days because of some key central bank announcements, according to a note from Commonwealth Bank of Australia (CBA).
December 13,2023
The Australian Dollar will outperform the Pound in 2024 as Chinese growth picks up thanks to the government's stimulus efforts and the UK economy struggles, sending the GBP/AUD exchange rate below 1.90.
December 12,2023
The Reserve Bank of Australia's recent interest rate rise has hit business confidence in Australia, according to a long-running survey.
December 12,2023
AUD is tipped to see some upside against the U.S. Dollar but should prove unable to make any major advance against the Pound in a week dominated by the U.S. Federal Reserve decision, Bank of England and Aus jobs data.
December 11,2023
The Australian Dollar will likely struggle in 2024 as global growth slows under the weight of the interest rate tightening cycle, drowning out any supportive impact from Australia's yield advantage.
December 8,2023
The Australian Dollar is having a 200-day moving average problem: it can't seem to crack this key technical level and break into a sustained rally against the likes of the Dollar and Pound.
December 7,2023
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