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Pound Rallies Against the Australian Dollar After Strong Employment Numbers

Pound Rallies Against the Australian Dollar After Strong Employment Numbers

The British pound rallied through the 1.9500 figure yesterday after strong employment numbers from the UK gave the economy another post-Brexit boost. UK Employment at...
Euro Edges Higher Versus the Australian Dollar but Coronavirus Spread is a Headwind for Gains

Euro Edges Higher Against the Aussie but the Downtrend May Continue

The EUR v AUD exchange rate yesterday was trading 0.11% higher. The market had rallied as high as 1.6230 but failed to hang on...
Australian Dollar falls against Euro After Unemployment Ticks Higher

Euro Versus Australian Dollar Exchange Rate Pauses After Recent Losses

The EUR v AUD exchange rate was trading flat around the 1.6130 level on Monday as traders paused to consider the outlook for the...
Australian Dollar Gains Against the Pound as Chinese Stocks Roar Higher on Monday

Australian Dollar Gains Against the Pound as Chinese Stocks Roar Higher on Monday

The caution surrounding the Chinese Coronavirus issue disappeared in Monday’s trading as the Shanghai Composite index of Chinese shares moved higher by 2.3% to...
Euro Stronger Versus the Aussie Dollar But Coronavirus Fears Could Reverse the Trend

Pound Testing Higher Levels Against the Australian Dollar Into the Weekend

Ahead of the U.K. economic growth figures on Tuesday, we noted that the levels to watch were 1.9200 and 1.9400 in the GBP v...
Pound Higher Against the Australian Dollar as Traders Digest Data and Asian Markets Slip

Pound Higher Against the Australian Dollar as Traders Digest Data and Asian Markets...

The Pound was up 0.32% early on Thursday as traders continued to digest the recent mix of data and world news flow. Without any...
Pound Trading Higher but Markets on Alert as Fears of a Virus Pandemic Grows

Mixed U.K. Data Leads to Muted Activity for AUD/GBP Exchange Rate

The release of U.K. Gross Domestic Product (GDP) figures for the fourth quarter saw a mixed bag of data and led to muted volatility...
Pound Pushes Higher Against the Australian Dollar on Recent Economic Divergence

UK Economic Growth Figures and Governor Speech to Guide the GBPAUD Forecast

Today sees the release of UK Gross Domestic Product (GDP) figures for Q4, alongside a speech by Bank of England (BoE) Governor Mark Carney...
Australian Dollar Still Sees Virus Risks but Pound Volatility Rests on Tuesday Growth Figures

Australian Dollar Still Sees Virus Risks but Pound Volatility Rests on Tuesday Growth Figures

The GBPAUD interbank exchange rate has been range-bound after Friday’s session, with the price bouncing from 1.9200 to trading as high as 1.9420 on...
Australian Currency Outlook to Be Driven by External Factors in Days Ahead

Australian Currency Outlook to Be Driven by External Factors in Days Ahead

Following the RBA Governor’s testimony yesterday, the Australian dollar will see its fortunes driven largely by external factors. The Chinese Coronavirus is still a...

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