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

GBP/AUD Exchange Rate News: Pound to Australian Dollar Losses Caused by Falling UK Retail Sales

18 Oct 2018 at 3 PM - Written by David Woodsmith

STORY LINK GBP/AUD Exchange Rate News: Pound to Australian Dollar Losses Caused by Falling UK Retail Sales

Pound to Australian Dollar (GBP/AUD) Exchange Rate Losses Seen on UK Retail Sales Slowdown The Pound (GBP) has fallen in value today, making a loss of -0.3% against the Australian Dollar (AUD). In addition to supportive Australian data causing GBP/AUD exchange rate losses, the Pound has also been devalued by the latest UK retail sales...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Sterling to Australian Dollar (GBP/AUD) Exchange Rate Under Pressure After UK Inflation Disappointment

17 Oct 2018 at 3 PM - Written by Frank Davies

STORY LINK Pound Sterling to Australian Dollar (GBP/AUD) Exchange Rate Under Pressure After UK Inflation Disappointment

September’s UK consumer price index proved weaker than forecast, leaving the Pound Sterling to Australian Dollar (GBP/AUD) exchange rate on a downtrend on Wednesday. Investors were not impressed to find that the headline annual inflation rate had eased from 2.7% to 2.4% in September, even though this is likely to lead to stronger wage...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate (GBP/AUD) Slides as UK Brexit Fears Impact Business Confidence

8 Oct 2018 at 5 PM - Written by David Woodsmith

STORY LINK Pound Australian Dollar Exchange Rate (GBP/AUD) Slides as UK Brexit Fears Impact Business Confidence

Last week, the Pound opened trading against the Australian Dollar at a level of AU$1.8049 and closed higher around AU$1.8582. This appreciation was brought on by hopes that the UK might still secure a workable Brexit arrangement with the EU by the November deadline, despite evidence to the contrary. Both UK and EU leaders pledged their...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to AUD Exchange Rate Recovers from Weekly Lows as UK Retail Sales Beat Forecasts

20 Sep 2018 at 1 PM - Written by Minesh Chaudhari

STORY LINK GBP to AUD Exchange Rate Recovers from Weekly Lows as UK Retail Sales Beat Forecasts

Due to mixed risk-sentiment and Brexit uncertainties, the British Pound to Australian Dollar (GBP/AUD) exchange rate has been volatile this week. On Thursday, strong UK retail sales results helped the Pound to rebound from its weekly lows and recover around half of its losses since Monday. After opening this week at the level of 1.8267,...

CATEGORIES: Pound Australian Dollar Forecasts

PM’s No-Deal Brexit Ultimatum Triggers -0.8% GBP/AUD Exchange Rate Drop

18 Sep 2018 at 3 PM - Written by Toni Johnson

STORY LINK PM’s No-Deal Brexit Ultimatum Triggers -0.8% GBP/AUD Exchange Rate Drop

Monday opened with the Pound trading at a level of AU$1.8295 against the Australian Dollar: the GBP/AUD exchange rate closed daily trading around AU$1.8394. Beyond the opening and closing rates, the Pound’s worst daily exchange rate was AU$1.8246. Pound Sterling to Australian Dollar Exchange Rate News: GBP/AUD Drops by -0.8% as Brexit...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to AUD Exchange Rate Struggles to Advance as Australian Job Stats Impress Investors

13 Sep 2018 at 1 PM - Written by Frank Davies

STORY LINK GBP to AUD Exchange Rate Struggles to Advance as Australian Job Stats Impress Investors

Earlier in the week, the British Pound to Australian Dollar (GBP/AUD) exchange rate surged on the latest Brexit developments. However, on Wednesday GBP/AUD lost most of those gains as risk-sentiment lightened and investors bought the relatively risky Australian Dollar back from its cheapest levels. After opening this week at the level of...

CATEGORIES: Pound Australian Dollar Forecasts

AUD/NZD Exchange Rate Movement Stalled ahead of US Trade Tariff Announcement

6 Sep 2018 at 5 PM - Written by James Fuller

STORY LINK AUD/NZD Exchange Rate Movement Stalled ahead of US Trade Tariff Announcement

Wednesday saw the Australian Dollar open trading against the New Zealand Dollar at a level of NZ$1.0966 and close lower around NZ$1.0913. Yesterday’s headline Australian news was that the pace of GDP growth had accelerated in Q2 2018. Despite the year-on-year rise from 3.2% to 3.4%, however, the Australian Dollar failed to gain...

CATEGORIES: Australian Dollar Forecasts

GBP to AUD Exchange Rate Fails to Advance Despite Stronger UK Services Stats

5 Sep 2018 at 1 PM - Written by James Fuller

STORY LINK GBP to AUD Exchange Rate Fails to Advance Despite Stronger UK Services Stats

Earlier this week, the British Pound to Australian Dollar (GBP/AUD) exchange rate slipped on Brexit uncertainties, as well as a surprisingly neutral tone from the Reserve Bank of Australia (RBA) lightening some of the market’s bearishness on the Australian Dollar. Global trade uncertainties persisted on Wednesday, but GBP/AUD failed to...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/AUD Exchange Rate Drops -0.5% after Emergency Brexit Plans Drain Trader Confidence

24 Aug 2018 at 2 PM - Written by Ben Hughes

STORY LINK GBP/AUD Exchange Rate Drops -0.5% after Emergency Brexit Plans Drain Trader Confidence

On Thursday, the Pound to Australian Dollar (GBP/AUD) exchange rate opened in the region of AU$1.7592 and closed up higher around AU$1.7677. This appreciation came after the reveal of government plans for a no-deal Brexit, although the day’s GBP/AUD exchange rate rise was primarily because of Australian Dollar weakness. Brexit Impact...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to AUD Exchange Rate Surges on Australian Political Jitters

23 Aug 2018 at 3 PM - Written by Frank Davies

STORY LINK GBP to AUD Exchange Rate Surges on Australian Political Jitters

Persistent concerns about the possibility of a ‘no deal’ Brexit have not been enough to prevent the British Pound to Australian Dollar (GBP/AUD) exchange rate’s advance this week. The Australian Dollar has plunged due to trade uncertainties and political turbulence in Australia. More than regaining last week’s slip from 1.7483 to...

CATEGORIES: Pound Australian Dollar Forecasts

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