Fluctuations in the exchange rate are rather like the weather – you may have a rough idea of what’s to come, but you can’t control it...

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The AUD peaked against the USD on Tuesday, reaching a two-year high of $0.7414. A rally in gold and other commodity prices was certainly helpful for the AUD...

Despite the considerable amount of work that it put in, sterling ultimately had nothing to show for it, with a negligible average loss for the week of 0.1%...

A mixture of good and bad news sent the pound back and forth but eventually balanced out to leave it unchanged against its main benchmarks...

Frequent flips in sentiment sent the pound hither and yon. Investors swung between optimism that central bank and government stimulus would help...

Among the major currencies only the NZ dollar had a worse week than sterling. The pound fell by an average of 0.9%...