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

Soaring UK Retail Sales Trigger GBP AUD Exchange Rate Rally

23 Mar 2017 at 1 PM - Written by Minesh Chaudhari

GBP AUD Exchange Rate Close to Monthly High on Rising Retail Sales The Pound has risen considerably by 0.6% against the Australian Dollar today, following the news that UK retail sales rose above forecasts in February. While economists have been quick to forecast that Q1 2017 sales may hit the biggest drop since Q4 2010, traders have...

CATEGORIES: Pound Australian Dollar Forecasts

AUD to NZD Exchange Rate Trends Flatly Near Weekly Lows Ahead of RBNZ Meeting

22 Mar 2017 at 12 PM - Written by Ben Hughes

The Australian Dollar to New Zealand Dollar exchange rate has tumbled since markets opened this week amid a lack of supportive Australian data and more optimistic New Zealand Dollar trade, ahead of this week’s Reserve Bank of New Zealand (RBNZ) meeting. AUD/NZD opened this week at the level of 1.0969 and has since slipped, hitting a low...

CATEGORIES: Australian Dollar Forecasts New Zealand Dollar Forecasts

GBP AUD Exchange Rate Rises as UK Unemployment Hits Lowest Level Since 1975

15 Mar 2017 at 10 AM - Written by James Fuller

The British Pound to Australian Dollar exchange rate surged on Thursday afternoon following the Bank of England’s (BoE) March policy decision due to hawkish action from one member of the Monetary Policy Committee (MPC). Kristin Forbes voted to hike UK interest rates back up to 0.5%. While policy was left frozen, this impressed traders as...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Daily Currency Updates

Markets Brace for Brexit, GBP AUD Exchange Rate Volatile

13 Mar 2017 at 1 PM - Written by Frank Davies

The Pound Australian Dollar exchange rate was met by increased volatility this morning as reports suggest that Prime Minister Theresa May could invoke Article 50 by the end of the week. Pound Australian Dollar (GBP AUD) Volatile as Brexit Set to Begin The Pound Australian Dollar (GBP AUD) exchange rate fluctuated in trading today as...

CATEGORIES: Pound Australian Dollar Forecasts

USD AUD Exchange Rate Trends Higher Ahead of US Payrolls Data

9 Mar 2017 at 5 PM - Written by John Cameron

The US Dollar to Australian Dollar exchange rate fell from its highs on Friday afternoon but remained well above the week’s opening levels. While the day’s US Non-Farm Payroll report was generally impressive, investors perceived a rate hike from the Fed next week as being priced into the US Dollar and so began to indulge in riskier...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

GBP AUD Rally Seen after Shock Slide in Australian Trade Balance

2 Mar 2017 at 1 PM - Written by James Fuller

GBP Climbs against AUD despite Fears of Commons Bill Defeat The Pound has managed a 0.6% rise against the Australian Dollar today, which comes after the UK Government was ‘defeated’ over an Article 50 amendment in the House of Lords. Peers voted by a majority of over 100 to approve the amendment in question, which requires the...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

GBP AUD Exchange Rate Sinks as Second Scottish Referendum on the Cards

27 Feb 2017 at 1 PM - Written by John Cameron

The Pound dropped against the Australian Dollar at the start of trading this morning as Theresa May is reportedly bracing for calls from the Scottish government to hold a second independence referendum. Pound Australian Dollar (GBP AUD) Tumbles as SNP to Call for IndyRef 2 The Pound Australian Dollar (GBP AUD) exchange rate slid by...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Pound Sterling Forecasts

Minor Drop in GBP AUD Exchange Rate Follows Confident Comments from RBA Governor

24 Feb 2017 at 10 AM - Written by Minesh Chaudhari

GBP AUD Exchange Rate Worsens as Uncertainty Persists over Article 50 Debates UK data has been thin on the ground today, resulting in a slight drop for the Pound against the Australian Dollar. The only direct news has covered BBA mortgage approvals in January, which have risen from 43.23k to 44.7k. The ongoing Article 50 debates in...

CATEGORIES: Australian Dollar Forecasts

GBP to AUD Loses Weekly Gains as Risk-Sentiment Increases

22 Feb 2017 at 12 PM - Written by John Cameron

The Pound to Australian Dollar exchange rate fell on Wednesday morning as the Australian Dollar looked to remain near its highs thanks to an increase in demand for risk-correlated currencies. Sterling’s rally from earlier in the week also faded. GBP/AUD began the week at the level of 1.6193 and briefly reached a high of 1.6287 on...

CATEGORIES: Australian Dollar Forecasts

GBP to AUD Exchange Rate Advances as Risk-Sentiment Fades

13 Feb 2017 at 11 AM - Written by Ben Hughes

The Pound to Australian Dollar exchange rate’s losses were minimised on Tuesday afternoon, as markets suddenly took a risk-off turn and sold the ‘Aussie’ due to an increase in demand for the US Dollar. Perceived hawkishness from Federal Reserve Chairwoman Janet Yellen left risky currencies like the ‘Aussie’ weaker on Tuesday...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Australian Dollar Forecasts