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

GBP/AUD Exchange Rate Rises 0.3% as Hopes Rise for May UK Interest Rate Hike

20 Apr 2018 at 1 PM - Written by James Fuller

The Pound to Australian Dollar (GBP/AUD) exchange rate saw an overall (if minor) rise on 19th April, with an advance from the opening level of 1.8227 to close around 1.8236. The day’s main UK economic news was a set of data releases for retail sales in March. Levels of sales activity slowed, which initially prompted a sharp devaluation...

CATEGORIES: Pound Australian Dollar Forecasts

Pound to Australian Dollar Exchange Rate Forecast to Rally on UK Inflation Rate Slowdown

17 Apr 2018 at 5 PM - Written by James Fuller

On 16th April, the Pound to Australian Dollar (GBP/AUD) exchange rate saw an overall advance, having opened trading in the region of 1.8330 and closed around 1.8448. This GBP/AUD rise was mainly down to Pound trader optimism about the week’s UK economic announcements - the hope was that they could raise the chances of a Bank of England...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Stumbles on Upbeat Chinese Ecostats

13 Apr 2018 at 2 PM - Written by John Cameron

April Seasonal Support Returns, GBP/AUD Exchange Rate Fails to Capitalise The Pound Australian Dollar (GBP/AUD) exchange rate tumbled on Friday, failing to ride the wave of April seasonal support and falling as the ‘Aussie’ Dollar capitalised on a run of rather upbeat Chinese data releases. Sterling historically sees support in...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to AUD Dollar Exchange Rate Sees Modest Gains as Risk-Sentiment Weakens

12 Apr 2018 at 4 PM - Written by Minesh Chaudhari

Despite a lack of supportive UK data in recent sessions, the British Pound to Australian Dollar (GBP/AUD) exchange rate has advanced slightly. This has been largely due to a stronger US Dollar (USD) making risky currencies like the Australian Dollar less appealing. Could GBP/AUD be on track for a week of limited changes? Last week saw...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Climbs as UK Trade Deficit Shrinks

11 Apr 2018 at 1 PM - Written by John Cameron

UK Trade Balance Readings Beat Expectations – Pound (GBP) Exchange Rates Capitalise The Pound Australian Dollar (GBP/AUD) exchange rate climbed on Wednesday, supported by news that the UK’s trade deficit narrowed in February. According to the Office for National Statistics (ONS), the UK’s trade deficit shrank from £-2.949B to...

CATEGORIES: Pound Australian Dollar Forecasts

GBP AUD Exchange Rate Flounders in Spite of Hawkish BoE Comments

10 Apr 2018 at 2 PM - Written by Frank Davies

Comments from Chinese president Xi Jinping encouraged a resurgence in market risk appetite, to the detriment of the Pound Australian Dollar (GBP/AUD) exchange rate. Demand for the risk-sensitive Australian Dollar picked up in response to President Xi’s more measured tone on the subject of trade, which suggests a greater chance of...

CATEGORIES: Pound Australian Dollar Forecasts

Surprise Slowdown in UK Construction Sector Triggers GBP/AUD Exchange Rate Decline

4 Apr 2018 at 12 PM - Written by Tim Boyer

On Tuesday’s trading session, the Pound to Australian Dollar exchange rate saw a small decline from an opening level of 1.8332 in the morning that fell to the region of 1.8313 by the evening. Tuesday’s most notable UK data was positive, although only just. This was the manufacturing PMI for March, which showed a rise from a...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Confounds Expectations, Falling Despite Cautious RBA Minutes

3 Apr 2018 at 1 PM - Written by John Cameron

UK Manufacturing Beats Forecasts but Ultimately Disappoints in 2018 – GBP Exchange Rates Fall The Pound Australian Dollar (GBP/AUD) exchange rate tumbled on Tuesday, failing to capitalise on an above-forecast UK manufacturing purchasing managers’ index (PMI) reading and falling as the ‘Aussie’ Dollar benefitted from a weaker US...

CATEGORIES: Pound Australian Dollar Forecasts

AUD NZD Exchange Rate Regains Ground as New Zealand Business Confidence Falls

28 Mar 2018 at 3 PM - Written by Tim Boyer

While the ANZ New Zealand activity outlook index for March pushed higher on the month this was not enough to dent the Australian Dollar New Zealand Dollar (AUD/NZD) exchange rate. Investors were not overly impressed to find that the accompanying ANZ business confidence index had continued to decline, suggesting that the faith in the...

CATEGORIES: Australian Dollar Forecasts

‘Aussie’ Dollar Capitalises on USD Weakness – GBP/AUD Exchange Rate Trades Lower

23 Mar 2018 at 4 PM - Written by David Woodsmith

EU Leaders Approve Brexit Transition Terms – GBP/AUD Exchange Rate Fails to Capitalise The Pound Australian Dollar (GBP/AUD) exchange rate traded lower on Friday, failing to fully capitalise on news that EU member states have officially approved the terms of Britain’s Brexit transition period – a big step forward in negotiations....

CATEGORIES: Pound Australian Dollar Forecasts