Forex
GBP/AUD Exchange Rate Edges Higher Amid Risk-Off Market Mood
The Pound to Australian Dollar (GBP/AUD) exchange rate edged higher on Thursday as a risk-off market mood weighed on the 'Aussie'.
At the time of writing, GBP/AUD was trading around AU$1.9123, marginally higher on the day.
The Reserve Bank of Australia Governor Michele Bullock's hawkish tone after leaving interest rates on hold earlier this week could limit any move back above AU$1.91 for the 'Aussie', potentially supporting it against a fragile GBP/AUD.