The Australian Dollar was the second-worst performing G10 currency after U.S. president-elect Donald Trump said he was ready to hike tariffs from day one.
The Pound to Australian Dollar exchange rate (GBP/AUD) risks breaking into a downtrend.
The Australian Dollar is amongst the top picks at Morgan Stanley for 2025.
The Pound and Australian Dollar are evenly matched, but we could see the Aussie eke out some gains this week.