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A round up of the latest Australian Dollar forecast news items from the Currency News desk.

GBP AUD Exchange Rate Update: Pound remains down despite UK Jobs Market Upgrade

16 Aug 2017 at 12 PM - Written by Toni Johnson

The Pound to Australian Dollar exchange rate has traded in the region of 1.6384, putting the rate near the lowest level since late July. GBP Declines against AUD despite Overall Support from Jobs Data The Pound has fallen against the Australian Dollar today, but the latest UK data has exceeded forecasts on all counts. This has...

CATEGORIES: Pound Australian Dollar Forecasts

AUD NZD Exchange Rate Rockets Higher after RBNZ Policy Meeting

10 Aug 2017 at 11 AM - Written by John Cameron

The Australian Dollar New Zealand Dollar (AUD NZD) exchange rate surged in overnight trade on Wednesday as markets reacted poorly to the Reserve Bank of New Zealand’s (RBNZ) decision to leave interest rates unchanged in August. New Zealand Dollar’s (NZD) Plummets as RBNZ Leaves Rates on Hold The New Zealand Dollar nosedived against...

CATEGORIES: Australian Dollar Forecasts

GBP to AUD Exchange Rate Edges Higher as Markets Become Risk-Averse

9 Aug 2017 at 1 PM - Written by Ben Hughes

A rise in market risk-aversion on Wednesday has helped the British Pound to Australian Dollar exchange rate to advance from its weekly lows, despite the latest Australian data falling short of market expectations. After broad Pound weakness last week left GBP/AUD at the level of 1.6441, the pair touched on a low of 1.6396 yesterday. Since...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP AUD) Drops after ‘Super Thursday’s’ Dovish BoE Announcement

4 Aug 2017 at 5 PM - Written by John Cameron

The Pound to Australian Dollar (GBP AUD) exchange rate plummeted yesterday after a spate of dovish announcements from the Bank of England (BoE). As forecast, the BoE took a particularly dovish tone, announcing that it will be keeping interest rates on hold at 0.25% with a vote of 6-2. Notably, however, the bank also surprisingly...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

GBP AUD Exchange Rate Soars as RBA Warns of Pressures on the Australian Economy

1 Aug 2017 at 10 AM - Written by Toni Johnson

The Pound Australian Dollar (GBP AUD) exchange rate jumped last night as RBA voted to hold interest rates at a record low of 1.5%. Australian Dollar’s (AUD) Slumps Following RBA Rate Decision The ‘Aussie’ initially rallied overnight on Monday as an unexpected rise in Australia’s latest Manufacturing PMI and a 7% jump in iron ore...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate Forecast to Strengthen Further on Neutral RBA Outlook

31 Jul 2017 at 5 PM - Written by Frank Davies

Even though UK consumer credit rose to more than 200 billion in June the Pound Australian Dollar exchange rate remained on a bullish run. While this marked the highest level of unsecured consumer credit since the 2008 financial crisis investors continued to favour the Pound throughout Monday’s European session. In part this was thanks...

CATEGORIES: Pound Australian Dollar Forecasts

GBP AUD Exchange Rate Mounts Recovery as Retail Sales Pick up in July

27 Jul 2017 at 12 PM - Written by Toni Johnson

The Pound Australian Dollar (GBP AUD) exchange rate has rallied this morning, recouping around half a cent in the losses which the pairing posted overnight on Wednesday. Pound (GBP) Rallies as CBI Reports Jump in Retail Sales The Pound managed to recoup some of its overnight losses against the Australian Dollar this morning following...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to AUD Exchange Rate Edges Higher as UK Retail Sales Beat Projections

20 Jul 2017 at 10 AM - Written by Frank Davies

This week’s UK data has been mixed, but the British Pound to Australian Dollar exchange rate began to recover from its multi-month-lows towards the end of the week in reaction to Thursday’s UK and Australian ecostats. After plummeting from 1.6720 to a three-month-low of 1.6334 earlier in the week, the GBP/AUD exchange rate edged higher...

CATEGORIES: Pound Australian Dollar Forecasts

Ongoing Brexit Fears Limit Gains for GBP AUD Exchange Rate

10 Jul 2017 at 1 PM - Written by Toni Johnson

The GBP AUD exchange rate has improved today, although Sterling remains in a precarious position due to crucial Brexit talks in the background. Brexit Deal Fears Fail to Prevent GBP AUD Advance The Pound has risen by 0.3% against the Australian Dollar today, although this is mainly due to AUD weakness rather than any particularly...

CATEGORIES: Pound Australian Dollar Forecasts

GBP AUD Exchange Rate Dips on UK Manufacturing Slowdown

3 Jul 2017 at 3 PM - Written by Toni Johnson

Sterling’s latest losses against the Australian Dollar put the GBP AUD exchange rate at the best since June 28th, which is still a long way down from early June’s better pairing rate. Pound Weakened by Disappointing UK Manufacturing Stats The Pound has made a minor losses against the Australian Dollar today, coming in at a rate of...

CATEGORIES: Pound Australian Dollar Forecasts