The Pound to Australian Dollar exchange rate remained buoyant near its highs for the period in the final session of the week as bilateral economic developments helped to maintain an improved bond yield differential as the U.S. Dollar softened and Renminbi strengthened in the background.
May 26,2023
The Australian Dollar was trading on its back foot Tuesday ahead of the release of February retail sales data, which will help markets to answer the question of whether 2018's economic weakness carried forward into the New Year.
April 3,2019
The Australian Dollar recovered off earlier lows Thursday after official data revealed a sharp increase in the January trade surplus, which offered support to the Aussie even after other figures showed household spending growth was underwhelming early in the New Year.
March 7,2019
The Australian Dollar ouperformed rivals Tuesday after the Reserve Bank of Australia (RBA) took markets by surprise when it appeared to retain its bias to lift interest rates over the coming years.
February 6,2019