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

GBP/AUD Sheds Morning Gains after BCC Report Sours BoE Hike Bets

13 Oct 2017 at 2 PM - Written by Tim Boyer

The British Pound has been fluctuating against the Australian Dollar today thanks to a fast-paced series of domestic developments that have seen traders re-evaluating the outlook on Brexit, the economy and monetary policy. The GBP/AUD exchange rate was trading around opening levels of 1.6953 at the time of writing. GBP Starts Day...

CATEGORIES: Pound Australian Dollar Forecasts

Daily GBP AUD Trading: Pound Appreciates despite Mixed UK Stats

10 Oct 2017 at 12 PM - Written by Ben Hughes

On Monday’s trading session, the Pound advanced against the Australian Dollar from an opening exchange rate of 1.6827 to close around 1.6935 at the end of the day. This was positive movement in the GBP AUD exchange rate, but wasn't good enough to touch the early-October high of 1.7101. GBP AUD Exchange Rate Update: Pound Weakened by...

CATEGORIES: Pound Australian Dollar Forecasts

GBP AUD Exchange Rate Jumps as Political Jitters Abate

9 Oct 2017 at 2 PM - Written by John Cameron

The Pound Australian Dollar (GBP AUD) exchange rate rebounded sharply this morning as fears of a potential leadership challenge against Theresa May receded over the weekend. Pound (GBP) Rallies as Political Uncertainty Retreats Sterling trended higher at the start of this week’s session as market confidence in Theresa May appeared to...

CATEGORIES: Pound Australian Dollar Forecasts

GBP AUD Fluctuates as the UK’s Service Sector Demonstrates Growth

4 Oct 2017 at 2 PM - Written by Toni Johnson

The Pound Australian Dollar exchange rate has fluctuated today with the ‘Aussie’ Dollar initially taking the lead on the relative weakness of the US Dollar, before the UK’s robust service sector PMI successfully propelled Sterling to the forefront in the afternoon. GBP Climbs on Wednesday’s Robust PMI Data The Pound inched...

CATEGORIES: Australian Dollar Forecasts

Daily GBP AUD Update: Pound Sheds Gains over Poor UK Construction Performance

3 Oct 2017 at 4 PM - Written by James Fuller

On Monday’s trading session, the Pound fell by over a cent against the Australian Dollar. From an opening exchange rate of 1.7066, the GBP/AUD pairing later closed in the area of 1.6951. Pound Dips against Australian Dollar on Construction Disappointment A surprise sign of contraction in the UK construction industry has damaged Pound...

CATEGORIES: Pound Australian Dollar Forecasts

GBP AUD Exchange Rate Tumbles as Annual GDP Slips

29 Sep 2017 at 11 AM - Written by John Cameron

The Pound Australian Dollar (GBP AUD) exchange rate has tumbled this morning as the UK’s annual GDP figures were unexpectedly revised down. Pound (GBP) Slides on Disappointing Growth Figures Sterling sentiment has plummeted this morning as investors reacted to the UK’s final second quarter GDP reading. According to data published...

CATEGORIES: Pound Australian Dollar Forecasts

Minor GBP AUD Advance Seen despite Overall Pound Weakness

27 Sep 2017 at 11 AM - Written by Ben Hughes

Today’s Pound to Australian Dollar advance primarily comes from an Australian Dollar decline, given that most recent UK news has been negative. Yesterday, the Pound ticked up against the Australian Dollar, from an opening exchange rate of 1.6980 to close near 1.7066. UK Economic News: GBP Traders Rattled by EU Reception to Brexit So...

CATEGORIES: Pound Australian Dollar Forecasts

Worrying BoE Agents Report leads to GBP AUD Exchange Rate Slump

20 Sep 2017 at 12 PM - Written by David Woodsmith

Forecast-beating growth in UK retail sales have failed to prevent the Pound sliding against the Australian Dollar. Yesterday, the Pound opened trading in the area of 1.6954 but closed down against the Australian Dollar at 1.6875. Pound Slides over Mixed Messages for UK Interest Rate Hike The Pound to Australian Dollar losses reported...

CATEGORIES: Pound Australian Dollar Forecasts

Two-Month Best Pound to Australian Dollar Rate Could Improve but AUD Driven by US Rates, FED

16 Sep 2017 at 3 PM - Written by John Cameron

The Pound to Australian Dollar exchange rate traded at the best price in two months last week, entering the weekend quoted at 1.69854. Analysts at Credit Agricole, in a piece highlighting the keythemes & trades this week, suggest "further currency upside risk cannot be ruled out should incoming data make a case for it." The Australian...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Pound Aus Forecasts

Best Pound to Australian Dollar Exchange Rate in One Month as UK Inflation Prompts GBP Investors

12 Sep 2017 at 12 PM - Written by John Cameron

The Pound to Australian Dollar exchange rate is holding the previous day's gains, quoted at 1.65863 (+0.07% on the day) on Wednesday 13th September. GBP/AUD surged Tuesday morning as currency markets sentiment was upbeat following the release of the UK’s latest Consumer Price Index (CPI). Pound Sterling (GBP) Climbs as Inflation Beats...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Pound A Forecasts