The Pound to Australian Dollar exchange rate (GBP/AUD) is forecast to break above a key resistance line in the coming week amidst falling commodity prices and soft investor sentiment.
September 9,2024
The Governor of the Reserve Bank of Australia (RBA) said the central bank won't be pushed into cutting interest rates until it felt the right conditions had been met.
September 5,2024
The Australian Dollar is the day's biggest loser on a combination of sliding stock markets, falling commodities and higher U.S. treasury yields. Domestically, partial GDP data and a blowout current account deficit raised eyebrows.
September 3,2024
Thursday's speech by Reserve Bank of Australia Governor Bullock is the main event out of Australia this week. However, it will be a U.S. jobs report that will determine where Friday's close is recorded.
September 2,2024
The Australian dollar should manage to eke out further advances, with the help of a supportive central bank, but the process will be slow as China remains a constraint.
August 30,2024
The Australian Dollar was higher against all its G10 counterparts after a monthly measure of inflation beat expectations.
August 28,2024
The Pound and Australia are two of the FX market's outperformers, which has left the GBP/AUD exchange rate tracking a sideways trend.
August 27,2024
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