Australian Dollar Recovers Against Pound Following Bank of England (BoE) Meeting
The Australian Dollar’s recent rally ran out of steam this week and has been falling from its highs due to the cautious tone of the Reserve Bank of Australia (RBA)...
Tagged: RBA
AUD USD Exchange Rate Plummets Following Weak Inflation Data
The Australian Dollar US Dollar (AUD USD) exchange rate tumbled by around half a cent on Wednesday following the release of lacklustre inflation figures from Australia. Australian Dollar (AUD) Sinks...
Australian Dollar Reels against New Zealand Dollar after RBA Leaves OCR on Ice
The Australian Dollar has tumbled against the New Zealand Dollar, following a less-than-inspiring statement from the Reserve Bank of Australia (RBA). RBA’s Failure to Hint at OCR Rise Drags Australian...
Australian Dollar Falls from Highs against Pound as Risk-Sentiment Plunges
The Australian Dollar to Pound exchange rate has fallen back to the week’s opening levels of 0.61 as of Thursday morning. This has been largely due to investors seeing increasingly...
Australian Dollar to New Zealand Dollar Weekly Forecast: RBA Minutes and Dairy Prices in Focus
Last week saw the Australian Dollar to New Zealand Dollar exchange rate fluctuate wildly, though AUD NZD ultimately closed trading on Friday back at the week’s opening levels of 1.06....
Australian Dollar Advances Against Pound as Australian Confidence Improves
The Australian Dollar advanced against the Pound on Wednesday. This week’s Australian confidence reports bolstered demand for the risky ‘Aussie’. Wednesday’s Asian session followed up with Westpac’s February consumer confidence...
AUD NZD Advances as Chinese Trade Impresses
The AUD NZD exchange rate looks to end the week near its best levels since November 2016 as this week’s Reserve Bank of New Zealand (RBNZ) news holds back the...
Volatility in AUD USD Exchange Rate as Trump Worries Grow
The Australian Dollar US Dollar (AUD USD) exchange rate has been marred by increased volatility over the last couple of days as uncertainty towards the new US administration grows. Trump...
Australian Dollar Pound Exchange Rate Advances despite Australia’s Economic Contraction
The Australian Dollar Pound exchange rate was able to hit a weekly high of 0.59 on Wednesday, as Sterling was sold off on Brexit jitters and poor UK data. As...
RBA Interest Rate Decision Forecast to Soften Australian Dollar (AUD) to Pound Sterling (GBP)
The Australian Dollar (AUD) closed the previous week on a fairly level heading against the Pound Sterling (GBP), although the week to come may not result in such a level...
