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Pound Australian Dollar forecast page 31 - GBP USD

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

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GBP to AUD Exchange Rate Jumps as Westpac Predicts Further RBA Rate Cuts in 2020

27 Nov 2019 at 1 PM - Written by James Fuller

A lack of demand for the Australian Dollar in recent sessions has meant that it has been unable to push the British Pound to Australian Dollar (GBP/AUD) back further from gains seen at the beginning of the week. While the Pound outlook is volatile amid UK election polling uncertainties, the Australian Dollar saw fresh weakness today in...

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Pound Australian Dollar Exchange Rate News: GBP/AUD Stumbles as Labour Catching up in the Polls

26 Nov 2019 at 1 PM - Written by John Cameron

Pound (GBP) Exchange Rates Undermined by Polling Figures The Pound (GBP) has found itself on the back foot today in response to the latest opinion polls from the UK which point to Labour closing the gap with the Conservatives since the weekend. Polls are currently showing the Tories have an 11 point lead over Labour down from an 18...

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Pound Australian Dollar (GBP/AUD) Exchange Rate Falls as Conservative Party Lead Narrows

26 Nov 2019 at 1 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Slides as Tory Lead Narrows The Pound Sterling Australian Dollar (GBP/AUD) exchange rate edged lower, leaving the pairing trading at around AU$1.8976. Sterling weakened against the Australian Dollar as further opinion polls revealed the Conservative Party’s lead against the opposition is...

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Pound Australian Dollar Exchange Rate Steady, ‘Aussie’ Subdued on US-China Trade Uncertainty

21 Nov 2019 at 4 PM - Written by John Cameron

GBP/AUD Exchange Rate Rangebound, Doubts Rise on US-China ‘Phase One’ Trade Deal The Pound Australian Dollar (GBP/AUD) exchange rate held steady today, with the pairing currently trading around AU$1.900 as the risk-sensitive ‘Aussie’ continues to struggle on US-China trade uncertainty. With China being Australia’s largest...

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Pound Australian Dollar Exchange Rate Sinks, Post-Brexit Speculation Haunts UK Markets

15 Nov 2019 at 2 PM - Written by John Cameron

GBP/AUD Exchange Rate Eases, Post-Brexit Gloom Weighs on Sterling The Pound Australian Dollar (GBP/AUD) exchange rate fell today, with the pairing currently trading around AU$1.893 as investor confidence in Sterling begins to slip on increasing gloom surrounding the UK’s economy post-Brexit. Neil Mellor, the Senior Currency Strategist...

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GBP to AUD Exchange Rate Near Half-Month-Best Ahead of Australian Job Stats

13 Nov 2019 at 3 PM - Written by Tim Boyer

Poor UK datasets have not been enough to drag the British Pound to Australian Dollar (GBP/AUD) exchange rate lower, as despite the lack of fresh support for Sterling, the Australian Dollar has been weakened by US-China trade jitters and some underwhelming Australian data. Investors are still hesitant to move too much on the ‘Aussie’...

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Pound Australian Dollar (GBP/AUD) Exchange Rate Steady, UK Unemployment Falls in September

12 Nov 2019 at 12 PM - Written by John Cameron

GBP/AUD Exchange Rate Rangebound, UK Unemployment Improves The Pound Australian Dollar (GBP/AUD) exchange rate steadied this morning, with the pairing currently trading around AU$1.877 after September’s UK ILO unemployment rate rose from 3.9% to 3.8% in September, its lowest since early 1975’s third quarter. However, Sterling’s...

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GBP to AUD Exchange Rate Recovers as Reserve Bank of Australia Rate Cut Bets Return

8 Nov 2019 at 5 PM - Written by Ben Hughes

Despite trending lower for most of this week, and briefly seeing a slump yesterday, the British Pound to Australian Dollar (GBP/AUD) exchange rate has rebounded from its lows today and ultimately hasn’t seen huge losses this week after all. Demand for the Pound has been limited amid political uncertainty, but the Australian Dollar has seen...

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GBP/AUD Exchange Rate Hits Half-Month-Worst Following Reserve Bank of Australia Decision

5 Nov 2019 at 11 AM - Written by Frank Davies

Despite some weak Australian retail sales data at the beginning of the week, Australian Dollar investors were relieved by a fairly neutral tone from the Reserve Bank of Australia (RBA) today, knocking the British Pound to Australian Dollar (GBP/AUD) exchange rate down as the ‘Aussie’ advanced. The Pound’s movement has remained volatile...

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Pound Australian Dollar Exchange Rate Steady, Australian Inflation Beats Forecasts in Third Quarter

30 Oct 2019 at 12 PM - Written by John Cameron

GBP/AUD Exchange Rate Flat, Positive Inflation Tempers RBA Rate Cut Fears The Pound Australian Dollar (GBP/AUD) exchange rate held steady today, with the pairing currently trading around AU$1.875 after Australia’s inflation rate beat expectations and rose from 1.6% to 1.7% in the third-quarter and tempered fears that the Reserve Bank of...

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