Iron ore and exchange rates

The Australian Dollar continues to trade in a sideways range in most pairs, but in the short-term at least it could get a back-draught from the weather.

April 24,2017

australian dollar rate

The Pound to Australian Dollar rose strongly in the previous week after Theresa May’s announcement to hold an election in June but it has now reached uncomfortably close to a level which is likely to cap future progress higher.

April 24,2017

australian dollar generic 2

GBP/AUD has risen strongly over recent sessions and achieved levels which change the whole outlook for the chart from a technical perspective.

April 20,2017

australian dollar generic 1

Markets surprised by lack of reaction to minutes but then Aussie falls following softening in iron ore prices

April 18,2017

Analysis exchange rates

Two major institutional strategists have come out to call the GBP/AUD exchange rate higher in the near-term.

April 18,2017

australian dollar to pound 1

GBP/AUD is showing bearish potential after rotating lower after encountering resistance at the 200-day MA and the top of a pattern.

April 18,2017

Australian employment composition

The Pound to Australian Dollar exchange rate slipped sharply ahead of the Easter weekend with data from Australia taking responsibility for the move.

April 13,2017

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