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Daily Exchange Rate Forecasts & Currency News

American Dollar Forecast Directory - Page #150

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

Pound Australian Dollar Exchange Rate News: GBP/AUD Strengthened on Less-Hawkish RBA Minutes

21 Mar 2023 at 3 PM - Written by John Cameron

Australian Dollar (AUD) Weakened amid a Cautious RBA The Australian Dollar (AUD) came under increased selling pressure on Tuesday after the minutes from the Reserve Bank of Australia’s (RBA) last policy meeting were released. The minutes revealed that the RBA adopted a more cautious approach to monetary policy and considered a pause....

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Rallied as BoE Reassurances amid Banking Sector Turmoil

20 Mar 2023 at 12 PM - Written by John Cameron

Pound (GBP) Supported by Strength of UK Banking System The Pound (GBP) managed to shrug off mounting financial sector fears and climbed against most of its peers on Monday. Despite the buyout of Credit Suisse by UBS failing to cheer the markets, Sterling found strength as the Bank of England (BoE) reassured investors. Bank shares...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Bolstered by BoE Rate Hike Bets

20 Mar 2023 at 12 PM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Climbs despite Risk-Off Mood The Pound US Dollar (GBP/USD) exchange rate rose on Monday. The pairing found support from a downturn in US Treasury bond yields and bets on a 25bps Bank of England (BoE) rate hike. On the other hand, the exchange rate’s gains were capped by a risk-off market...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Falls amid Upbeat Market Mood

17 Mar 2023 at 12 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Pulled Lower by Risk-On Mood The Pound Australian Dollar (GBP/AUD) exchange rate fell on Friday. A risk-on market mood pulled the pairing lower. Bets that the Bank of England may further slow its pace of policy tightening also weighed on GBP/AUD. At time of writing the GBP/AUD...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Falls as Australian Labour Data Surprises

16 Mar 2023 at 11 AM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Falls as Australian Labour Data Surprises The Pound Australian Dollar (GBP/AUD) exchange rate weakened during Thursday’s morning trade, as the ‘Aussie’ benefitted from a red hot set of employment data. The data served to spark further rate hike bets amongst AUD investors, by...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Narrows amid UK Budget Anticipation

15 Mar 2023 at 11 AM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Narrows amid UK Budget Anticipation The Pound Australian Dollar (GBP/AUD) exchange rate traded in a narrow range on Wednesday morning, as anticipation for the Spring Budget was countered by a souring market mood. At the time of writing, GBP/AUD was trading at around AU$1.8179, and...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Fluctuated as SVB Collapse Prompts Risk-On Mood

13 Mar 2023 at 2 PM - Written by John Cameron

Australian Dollar (AUD) Supported by Risk-On Sentiment The Australian Dollar (AUD) enjoyed modest gains on Monday after news of Silicon Valley Bank collapsing last week prompted fears over the Federal Reserve’s aggressive monetary tightening policy. With SVB folding sending alarm bells ringing across the markets, investors are now...

CATEGORIES: Pound Australian Dollar Forecasts

Title: Pound Australian Dollar Exchange Rate News: GBP/AUD Strengthened after UK Economy Rebounds

10 Mar 2023 at 4 PM - Written by John Cameron

Pound (GBP) Buoyed by Rebounding UK Economy The Pound (GBP) surged on a better-than-expected economic recovery in January. Despite a marginal improvement over an expected 0.1% increase, GDP expanded by 0.3% after a woeful 0.5% contraction in December. The cost-of-living crisis and industrial action weighed heavily in December, and the...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Rallies as Investors Buy the Dip

9 Mar 2023 at 2 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Narrows as Investors Buy the Dip The Pound Australian Dollar (GBP/AUD) exchange rate narrowed on Thursday, as investors moved to invest in more risk sensitive currencies. At the time of writing, GBP/AUD traded at around AU$1.7988, showing little movement from Thursday’s opening...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered on Dovish RBA Warning of Rate Hike Pauses

8 Mar 2023 at 2 PM - Written by John Cameron

Australian Dollar (AUD) Softened on Dovish RBA Rate Hike Expectations The Australian Dollar (AUD) struggled for demand on Wednesday as the Reserve Bank of Australia (RBA) conceded that it was now closer to pausing its aggressive cycle of interest rate increases. In a speech in Sydney, RBA Governor Philip Lowe poured cold water on any...

CATEGORIES: Pound Australian Dollar Forecasts