Further GBP/AUD losses are likely as markets consider the potential for another Australian interest rate hike. But we could see a limited bout of strength in the early parts of this week.
June 24,2024
Strategists at an independent financial markets research firm say they are holding onto the view the Australian Dollar has further gains in its tank.
June 19,2024
The Australian Dollar rose broadly after the Reserve Bank of Australia's June policy update proved more 'hawkish' than the market expected.
June 18,2024
The Pound to Australian Dollar exchange rate is forecast to come under further pressure in the week ahead, provided UK inflation data undershoots expectations and the RBA delivers 'hawkish' guidance.
June 17,2024
The Australian Dollar outlook was bolstered by a firm domestic labour report that will ensure the Reserve Bank of Australia (RBA) is one of the last major central banks to cut interest rates.
June 13,2024
HSBC analysts say the Australian Dollar will lack support from commodities, China and interest rates for the remainder of the year.
June 12,2024
The Pound to Australian Dollar exchange rate's recovery is growing in confidence following the recent break above the 50-day moving average.
June 10,2024
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