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

GBP to AUD Exchange Rate Tumbles on Impressive Australian Growth Data

7 Jun 2017 at 12 PM - Written by Toni Johnson

Despite investors generally confident in a majority win for the Conservative party in Thursday’s UK general election, uncertainty remains and this has allowed the Australian Dollar to easily push the Pound down this week. Due to strong Australian data and an optimistic RBA, the GBP/AUD exchange rate had fallen from around 1.7322 to a low...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to AUD Exchange Rate Surges Despite Strong Australian Employment Data

18 May 2017 at 12 PM - Written by Tim Boyer

After volatile movement earlier in the week, the Pound to Australian Dollar exchange rate saw strong surge on Thursday in reaction to Britain’s latest retail sales data. The pair easily pushed higher due to poor risk-sentiment. GBP/AUD began the week trending at around 1.7440 and fluctuated between 1.7350 and 1.7530 for most of the week...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

GBP AUD Exchange Rate Volatile as UK Inflation Skyrockets

16 May 2017 at 12 PM - Written by John Cameron

The Pound Australian Dollar (GBP AUD) exchange rate has fluctuated this morning following the release of the UK’s latest inflation figures. According to data released by the Office for National Statistics (ONS) UK inflation rocketed from 2.3% to 2.7% in April, reaching its highest levels since September 2013 and outpacing initial...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates

GBP AUD Exchange Rate Slumps as BoE Leave Rates Unchanged

11 May 2017 at 2 PM - Written by Toni Johnson

The Pound Australian Dollar (GBP AUD) exchange rate tumbled this afternoon as the Bank of England (BoE) voted to leave interest rates on hold. When asked why the bank left rates at a record low of 0.25% despite robust inflation, BoE Governor Mark Carney responded that the level of stimulus was appropriate for the current situation and that...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

GBP AUD Exchange Rate Rallies as UK Construction Impresses

3 May 2017 at 4 PM - Written by James Fuller

The Pound Australian Dollar (GBP AUD) exchange rate extended yesterday’s gains this morning following the release of the UK’s latest Construction PMI. According to data compiled by IHS Markit activity in the UK’s construction sector grew from 52.2 to 53.1 in April, rising at its fastest pace in four months and greatly exceeding...

CATEGORIES: Australian Dollar Forecasts

Can GBP AUD Exchange Rate Weaken Further on Rising Australian Inflation?

24 Apr 2017 at 3 PM - Written by Toni Johnson

Risk appetite generally picked up at the start of the week, weighing down the Pound Australian Dollar exchange rate as markets reacted to the results of the first round of the French presidential election with relief. As the odds of a fresh populist upset and victory for Eurosceptic Marine Le Pen were seen to decline investors piled back...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates

GBP AUD Exchange Rate Steady as UK General Election Campaigning Begins

20 Apr 2017 at 3 PM - Written by Ben Hughes

The Pound Australian Dollar (GBP AUD) exchange rate continues to hold close to the best levels it struck earlier this week as UK politicians begin the first day of campaigning ahead of the snap election in June. Sterling sentiment has shot up since the early election was first announced on Tuesday, with markets speculating that the...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

Can the GBP AUD Exchange Rate Hold onto its Election Rally?

19 Apr 2017 at 9 AM - Written by John Cameron

Although some of Sterling’s bullishness faded as markets adjusted to Theresa May’s surprise call for a snap general election the GBP AUD exchange rate remained on a stronger footing. Investors are betting that the Conservatives will be able to secure an increased majority in a June election, limiting the parliamentary push-back...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates

GBP AUD Exchange Rate Advances as Unemployment Holds at Near Twelve-Year Low

12 Apr 2017 at 1 PM - Written by John Cameron

The British Pound to Australian Dollar exchange rate continued to plunge throughout Thursday’s European session. Demand for the ‘Aussie’ was strong due to impressive job data and surprisingly dovish comments from US President Donald Trump. Next week will see the publication of the Reserve Bank of Australia’s (RBA) latest meeting...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

GBP AUD Exchange Rate Softens Despite Risk Aversion

6 Apr 2017 at 1 PM - Written by James Fuller

The British Pound to Australian Dollar exchange rate slipped slightly from its weekly highs throughout Friday’s session due to underwhelming UK ecostats, but still looked to end the week above its opening levels. Risk-averse behaviour in forex trade remained high throughout the week, and disappointing price movement in the iron ore...

CATEGORIES: Pound Australian Dollar Forecasts