The Pound-to-Australian Dollar exchange rate (GBP/AUD) has fallen into the middle of its June-July range at 1.8390, an entirely predictable move given the gravitas of the looming policy update from the Reserve Bank of Australia (RBA).
July 5,2021
Foreign exchange analysts say the increased uncertainty caused by new lockdowns in Australia over recent days could trigger further Australian Dollar weakness, but only if the Reserve Bank of Australia becomes more cautious.
June 29,2021
Foreign exchange analysts at Wall Street banking giant Morgan Stanley aren't convinced the Reserve Bank of Australia is going to become a source of significant source of upside impetus.
June 17,2021
The Reserve Bank of Australia could increasingly become a source of support to the Australian Dollar when it announces what amounts to a 'soft taper' at its July policy meeting.
June 7,2021
The Australian Dollar was a straggler ahead of the weekend but could continue to frustrate the bullish side of the market for a while yet, according to forecasts from Rabobank, which suggest Reserve Bank of Australia (RBA) policy could prevent AUD/USD from getting back above even its February high of 0.79 all year.
May 21,2021
Australian lender ANZ have released research detailing how they believe the Reserve Bank of Australia is underestimating the scale of the economic rebound awaiting the country, a view which could have supportive implications for the Australian Dollar if correct.
May 12,2021
The Pound-to-Australian Dollar exchange rate has shifted onto its front foot and could remain buoyant over the coming days before trading an ascending range in the weeks thereafter as the relative central bank policy outlook argues for outperformance by Sterling and a higher GBP/AUD.
May 4,2021
The Australian Dollar was a straggler among major currencies on Monday as Reserve Bank of Australia (RBA) monetary policy continued to handicap the antipodean unit, enabling GBP/AUD to rise with an outperforming Pound that could have scope for further gains over the short-term.
February 15,2021
The Reserve Bank of Australia has surprised markets by expanding its bond buying quantitative easing programme while sending a clear message to markets that interest rates will not rise for three more years.
February 2,2021
The Australian Dollar underperformed with Asian financial markets on Wednesday and is vulnerable to softening commodity prices in the short-term, according to strategists at Westpac, who see risks of a correction in AUD/USD ahead of further gains later in 2021.
January 27,2021
Record low wage price rises are unlikely to sway the Reserve Bank of Australia and means the current cycle of interest rate cuts could now be over, which in turn translates into firming Australian Dollar over coming months.
November 18,2020
The Australian Dollar advanced against most major currencies on Wednesday but increasingly risks becoming a laggard in the months ahead, according to new research from Westpac, as the Reserve Bank of Australia (RBA) expands its balance sheet through an enhanced quantitative easing programme.
November 12,2020
The Australian Dollar overlooked an aggressive easing of monetary policy at the Reserve Bank of Australia (RBA) and a landmark threat of intervention in the currency market on Tuesday as the pending U.S. election dominated the agenda for investors, but analysts say the bank's new policy bent leaves the Aussie vulnerable.
November 3,2020
The Australiaan Dollar was treading water on Friday and could be volatile in the coming days when October's Reserve Bank of Australia (RBA) policy decision is unveiled just as Americans vote in the all-important U.S. election, although a range of analysts see the Aussie Dollar rally surviving next week's turbulence.
October 30,2020
The Pound-to-Australian Dollar exchange rate could rise to a five-month high above 1.90 in the event that a Brexit trade deal is reached over the coming weeks, according to research from Commonwealth Bank of Australia, as Sterling enjoys a relief rally and the Reserve Bank of Australia (RBA) keeps the Aussie on its back foot.
October 27,2020
Australia’s Dollar rebounded from diminished levels Wednesday but is now lacking a crucial ingredient for ongoing outperformance after the Reserve Bank of Australia (RBA) suggested it could look to reduce the country’s long-term bond yields in the months ahead, placing a question mark over the outlook.
October 21,2020
The Australian Dollar was sent lower in the wake of comments from Reserve Bank of Australia governor Philip Lowe that signalled further interest rate cuts and an expansion of the existing quantitative easing programme was coming.
October 15,2020
The Australian and New Zealand Dollars rose broadly in the final session of the week even as they pay the cost of continued international border closures but next year a reopening of decimated domestic tourism sectors could provide antipodean economies, and currencies, with a late 2021 shot in the arm.
October 9,2020
The Australian Dollar could be constrained over the coming weeks by the Reserve Bank of Australia (RBA) monetary policy outlook, according to local analysts, although a widening U.S. budget deficit and prospect of a global economic recovery currently insure a brighter, medium-term outlook.
October 8,2020
The Australian Dollar remained on course to set a new two-year high on Tuesday despite fresh scrutiny from the Reserve Bank of Australia (RBA), which again acknowledged strength in the antipodean currency this week, although analysts also say the risk of a correction is growing.
September 1,2020
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