The ‘Aussie’ has been a poor prospect for investors recently, with losses stemming from the recent outcome of the nation’s Q2 inflation rate results. For the Pound, losses have also been prevalent, with a significant ramp-up in concern about the state of the post-‘Brexit’ economy holding the UK currency back […]
The Australian Dollar may have been low across the board yesterday, but dire business confidence data from the UK allowed AUD GBP to make gains. The latest meeting minutes from the Reserve Bank of Australia (RBA) strongly suggested that Wednesday’s inflation data would decide whether or not a further interest […]
The Australian Dollar has been low across the board recently, having even slipped up against the flagging Pound. This is on account of heightened concerns of an Australian interest rate cut in the near-term. The Pound has also been an unsafe option for investment, having lost out spectacularly after a […]
The Australian Dollar Pound exchange rate has experienced a rather large decline over Monday and Tuesday this week as the markets reacted to the news that home secretary Theresa May is the next Prime Minister of the United Kingdom. On the announcement that the only viable competition to May’s power […]
During Tuesday’s European session the Australian Dollar to Pound Sterling (AUD/GBP) exchange rate softened by around -0.7%. This was mostly in response to traders halting the Brexit selloff in UK stocks, but also amid concerns that Sterling’s initial depreciation was overdone. Overnight the ‘Aussie’ (AUD) advanced versus a number of […]
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