The Pound to Australian Dollar exchange rate can undergo a decent pullback in the coming days as it corrects from heavily overbought conditions.
July 29,2024
The sell-off in the Australian Dollar snowballed following yet another surprise interest rate cut at the People's Bank of China (PBoC) and a continuation of the 'carry trade' unwind centred on the Yen.
July 25,2024
Falling industrial metal prices linked to disappointing policy developments in China are said to be weighing on the Australian Dollar.
July 24,2024
Should global investor sentiment deteriorate further in the coming days, there is a good chance that GBP/AUD will make a run for 2024 highs at 1.9570.
July 23,2024
AUD outperforms after the Australian Labour Force Survey revealed a solid increase in jobs. But Australia's biggest banks don't think this is enough to prompt a rate hike at the Reserve Bank of Australia.
July 18,2024
The Pound to Australian Dollar exchange rate's recovery meets a key technical hurdle that could frustrate further advances in the coming week.
July 22,2024
A major investment bank has said it thinks the Australian Dollar can continue its streak of outperformance.
July 11,2024
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