The Pound Australian Dollar (GBP/AUD) exchange rate traded without a clear direction on Monday as markets continued to mull over looming interest rate cuts.
The pound was within striking
distance of its 2-month high versus the dollar on Tuesday but
was set to break a seven-day winning streak against the euro
ahead of key economic data. . -May 21, 2024 at 04:14 am EDT
- MarketScreener
Britain s once towering
inflation rate looks set to fall close to the Bank of England s
2% target on Wednesday, but it may be other figures in the data
that influence the BoE s decision on when to cut. -May 21, 2024 at 04:16 am EDT
- MarketScreener