The Pound to Australian Dollar exchange rate remained near three-month highs in mid-week trade after local data queried elevated market-implied expectations for the Reserve Bank of Australia (RBA) cash rate, which could yet stoke further political controversy over the pathway of borrowing costs.
March 1,2023
The Australian Dollar was a notable underperformer Thursday after solid labour market statistics proved unable to arrest a decline sparked by the ongoing concerns about the housing and global financial markets.
December 20,2018
The Australian Dollar outlook dimmed even further Wednesday after official data revealed a steep slump in the number of building approvals granted in August.
October 5,2018
Recent house price index data for December is suggesting the Australian housing market may be at the start of a downturn.
January 3,2018