GBP/AUD Analysis: the Tug-Of-War Begins

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Oil is back in the driver’s seat, and both the pound and the aussie are feeling its grip. The Bank of England held rates at 3.75% in June, but with UK inflation at 2.8% and crude oil climbing on renewed Middle East tensions, markets now lean towards a hike before year-end. Down under, the Reserve […]The post GBP/AUD Analysis: the Tug-Of-War Begins appeared first on ActionForex.