Pound to Australian Dollar Rate Surges
- Category: AUD
The Australian Dollar is under pressure amidst political chaos in South Korea and a surprisingly weak domestic GDP print.
The Australian Dollar will have RBA caution in its corner in 2025.
GBP/AUD recovery is building momentum, and further advances are possible this week.
Australian interest rates won't be cut in the "near term", warns the Governor of the Reserve Bank of Australia (RBA), confirming interest rates will remain a bedrock of Australian Dollar strength.