The Pound to Australian Dollar exchange rate is rising at the start of the new month and could end the week above a key resistance area if U.S. labour market data beats expectations.

June 3,2024

The Australian Dollar could power to June 2023 highs if the Reserve Bank of Australia (RBA) raises interest rates again due to disappointing inflation data, but a deterioration in global investor sentiment could yet spoil the bulls' party.

May 30,2024

A monthly tracker of Australian inflation showed why the Reserve Bank of Australia (RBA) will be the last developed market central bank to cut interest rates.

May 29,2024

The recovery in the Pound to Australian Dollar exchange rate appears to have stalled at the 200-day moving average (DMA) and raises the potential for a resumption of selling pressures in the coming days.

May 28,2024

The recent upsurge in metals prices should keep the Australian dollar supported, more so now with Iron Ore prices hitting their highest levels since February.

May 22,2024

The Australian Dollar was the day's underperformer following a fall in Chinese equity markets and the release of minutes from the Reserve Bank of Australia (RBA), which revealed that the hurdle to further rate hikes is set high.

May 21,2024