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

GBP/AUD Forecast: Pound Australian Dollar Exchange Rate Strengthens after RBA Stability Review

9 Apr 2021 at 10 AM - Written by John Cameron

STORY LINK GBP/AUD Forecast: Pound Australian Dollar Exchange Rate Strengthens after RBA Stability Review

The Pound to Australian Dollar (GBP/AUD) exchange rate has strengthened this morning after the latest Reserve Bank of Australia’s (RBA) stability review casted doubts over the Australian economy. At the time of writing the GBP/AUD pairing are currently trading at around AU$1.7998 as a more cautious market mood weighs on the Australian...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/AUD Forecast: Pound to Australian Dollar Exchange Rate Rebounds from Yesterday’s Tumble

7 Apr 2021 at 1 PM - Written by Toni Johnson

STORY LINK GBP/AUD Forecast: Pound to Australian Dollar Exchange Rate Rebounds from Yesterday’s Tumble

Despite the Pound being sold from its best levels in profit-taking this week, the British Pound to Australian Dollar (GBP/AUD) exchange rate continues to trend relatively closely to its best levels in months. The Australian Dollar’s strength is limited due to mixed demand for risk and trade-correlated currencies, as global economic hopes...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/AUD Forecast: Pound Australian Dollar Exchange Rate Rangebound as RBA Holds Rates at 0.1%

6 Apr 2021 at 10 AM - Written by John Cameron

STORY LINK GBP/AUD Forecast: Pound Australian Dollar Exchange Rate Rangebound as RBA Holds Rates at 0.1%

The Pound to Australian Dollar (GBP/AUD) exchange rate is rangebound this morning after the Reserve Bank of Australia (RBA) chose to keep its interest rates at a record low of 0.1%. At the time of writing, the GBP/AUD pairing are currently trading at around AU$1.8191, as the Pound finds support from Prime Minister Boris Johnson’s press...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate Rises as UK Factory PMI Hits Decade-High

1 Apr 2021 at 12 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate Rises as UK Factory PMI Hits Decade-High

GBP/AUD Exchange Rate Edges Higher on Upbeat UK PMI Data The Pound Australian Dollar (GBP/AUD) exchange rate rose by 0.2% today after the UK’s factory PMI surged and hit a decade-high of 58.9 in March. The pairing is currently fluctuating around AU$1.82. Analysts at Markit commented on the report: ‘Business sentiment was at its...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Rises as UK GDP is Revised Up

31 Mar 2021 at 5 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Rises as UK GDP is Revised Up

GBP/AUD Exchange Rate Heads Higher on Encouraging UK Economic Data The Pound Australian Dollar exchange rate rose by 0.2% today following the release of the UK’s GDP data for the fourth quarter of last year, which beat forecasts and was revised up to 1.3%. The pairing is currently trading around AU$1.81. Rupert Thompson, chief...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

GBP/AUD Forecast: Pound to Australian Dollar Rate Falls Despite Prevailing Risk-Off Mood

24 Mar 2021 at 5 PM - Written by John Cameron

STORY LINK GBP/AUD Forecast: Pound to Australian Dollar Rate Falls Despite Prevailing Risk-Off Mood

GBP/AUD Exchange Rate Sinks Despite Growing Tensions With China The Pound Australian Dollar (GBP/AUD) exchange rate fell by -0.2% today, with the pairing currently fluctuating around AU$1.80. The risk-sensitive Australian Dollar (AUD) suffered today following rising concerns over the AstraZeneca vaccine raised by US regulators. As a...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

GBP/AUD Forecast: Pound Australian Dollar Exchange Rate Volatile after BoE Interest Rate Decision

18 Mar 2021 at 2 PM - Written by John Cameron

STORY LINK GBP/AUD Forecast: Pound Australian Dollar Exchange Rate Volatile after BoE Interest Rate Decision

The Pound to Australian Dollar exchange rate is volatile this afternoon after the Bank of England’s (BoE) decision to keep interest rates at 0.1%. At the time of writing the pair are currently trading at around AU$1.7869, as the Australian Dollar remains steady on the back of positive employment data from Australia. GBP/AUD Exchange...

CATEGORIES: Pound Australian Dollar Forecasts

Pound New Zealand Dollar Exchange Rate News: GBP/NZD Pushes Higher as New Zealand GDP Disappoints

18 Mar 2021 at 11 AM - Written by John Cameron

STORY LINK Pound New Zealand Dollar Exchange Rate News: GBP/NZD Pushes Higher as New Zealand GDP Disappoints

The Pound to New Zealand Dollar exchange rate is gaining this morning after a disappointing Q4 GDP rate reading from New Zealand. At the time of writing, the GBP/NZD pairing is currently trading at around NZ$1.9316 as markets await the Bank of England’s (BoE) latest interest rate decision this afternoon. Pound Exchange Rate Trends...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/AUD Forecast: Pound to Australian Dollar Exchange Rate Slips Thanks to Latest Brexit Tensions

16 Mar 2021 at 12 PM - Written by Frank Davies

STORY LINK GBP/AUD Forecast: Pound to Australian Dollar Exchange Rate Slips Thanks to Latest Brexit Tensions

Pound (GBP) Exchange Rates Under Pressure as Brexit Tensions Heighten The Pound to Australian Dollar (GBP/AUD) exchange rate came under renewed pressure on Tuesday as anxiety over Brexit picked up once again. As the EU launched legal action against the UK over a potential breach of the Northern Ireland protocol the mood towards the...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/AUD Outlook: Pound Australian Dollar Exchange Rate Edges Higher on Bullish Bank of England Comments

15 Mar 2021 at 12 PM - Written by John Cameron

STORY LINK GBP/AUD Outlook: Pound Australian Dollar Exchange Rate Edges Higher on Bullish Bank of England Comments

GBP/AUD Exchange Rate Rises as BoE Governor is ‘More Positive’ About UK Economic Outlook The Pound Australian Dollar (GBP/AUD) rose today following upbeat comments from the Bank of England’s (BoE) Governor Andrew Bailey, who said that he was now ‘more positive’ about the outlook for the UK economy. The pairing is currently...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

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