The Pound to Australian Dollar exchange rate (GBP/AUD) traded towards lows below 1.60 in the 24 hours following Donald Trump’s victory in the US Presidential Elections.
November 11,2016
The GBP/AUD pair is starting to move lower in line with the dominant medium-term downtrend after a positive assessment by the Reserve Bank of Australia (RBA) lessened fears they would devalue the currency. But is this likely to last given fresh concerns sparked by recent Chinese FX data?
November 9,2016
The Pound to Australian Dollar exchange rate finally broke higher during the week 31st October through to November 4th.
November 8,2016
GBP/AUD has traded in an increasingly compressed range which suggests a breakout is nigh.
November 4,2016
AUD/USD keeps butting up against a wall of selling at 0.77 – what’s keeping the Aussie bull from breaking through this barrier?
November 2,2016
The Australian Dollar is seen as likely to strengthen versus the pound as inflation and commodity price in Australia support the home currency.
November 1,2016
The release of higher inflation data for Q3, a surge in Iron Ore prices, Australia’s largest export, and a ‘lower for longer’ global interest rate environment, which supports inflows from the carry trade, are all fundamental influences supporting the Aussie.
October 28,2016
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