Pound Aussie Exchange Rate Rises Amid Robust Trade Data

The Pound to Australian Dollar exchange rate edged higher on Thursday despite stronger-than-expected Australian trade figures.

Investors were focused on the outlook for Reserve Bank of Australia interest rates, which may limit any recovery in the 'Aussie'.

The Australian Dollar weakened through Thursday's Asian trading session as investors looked past a surprisingly strong set of Australian trade figures.

Australia posted an unexpected trade surplus in June, driven by a sharp rebound in exports of key commodities such as iron ore and coal.