AUD is expected to weaken in the coming months as the Reserve Bank of Australia (RBA) finally embarks on a meaningful rate cutting cycle, according to a new report from Commerzbank Research.
U.S. tariffs on Australian exports are not helping AUD.
GBP/AUD has broken into a new, higher range.
There is a strong link between the China-U.S. axis of Donald Trump's global trade war and the Australian Dollar.
Horizon Currency Ltd
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Global Currency Exchange Network Ltd T/A GC Partners. Global Currency Exchange Network Ltd is authorised by the FCA under the Payment Services Regulations, 2017 (FRN: 504346). Registered as a Money Services Business, regulated by HM Revenue & Customs ("HMRC") under the Money Laundering Regulations 2017. (Registration number is 12137189). Registered in England and Wales. Company number 04675786. Registered Office 3rd Floor 100 New Bond Street, London, England, W1S 1SP.
Payment Services are provided by Equals Connect Limited, registered in England and Wales (registered no. 07131446). Registered Office: Vintners’ Place, 68 Upper Thames St, London, EC4V 3BJ. Equals Connect Limited are authorised by the Financial Conduct Authority to provide payment services (FRN: 671508).