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

GBP to AUD Exchange Rate Recovers Most of September Losses as ‘Aussie’ Continues to Tumble

24 Sep 2020 at 5 PM - Written by Ben Hughes

Despite Britain’s fresh coronavirus restrictions this week, the British Pound to Australian Dollar (GBP/AUD) exchange rate has been climbing all week. This comes as the Australian Dollar is throttled by the market’s aversion to risk and trade-correlated currencies, as well as speculation of a more dovish Reserve Bank of Australia (RBA)....

CATEGORIES: Pound Australian Dollar Forecasts

GBP to AUD Exchange Rate Continues to Climb on Coronavirus Jitters

23 Sep 2020 at 1 PM - Written by Ben Hughes

Market fears of a second global wave of coronavirus infections have been dominating the British Pound to Australian Dollar (GBP/AUD) exchange rate this week. While coronavirus lockdown fears have been rising in Britain, investors have been selling currencies correlated to market risk and trade sentiment like the Australian Dollar. On top of...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to AUD Exchange Rate Gains Limited Ahead of Bank of England (BoE) Policy Decision

17 Sep 2020 at 1 PM - Written by Ben Hughes

Despite mixed market risk sentiment and a strongly rebounding Pound, the British Pound to Australian Dollar (GBP/AUD) exchange rate’s gains have been limited this week. The Australian Dollar found some support in stronger than expected job market data, while investors hesitate to move too much on the Pound ahead of today’s anticipated...

CATEGORIES: Pound Australian Dollar Forecasts

Pound to Australian Dollar (GBP/AUD) Exchange Rate Dips as Covid-19 Vaccine Hopes Buoy Risky Assets

15 Sep 2020 at 3 PM - Written by John Cameron

GBP/AUD Exchange Rate Falls as ‘Aussie’ is Buoyed by Hopes of Coronavirus Vaccine The Pound to Australian Dollar (GBP/AUD) exchange rate fell by -0.3% today, with the pairing currently trading around AU$1.75. The Australian Dollar (AUD) has benefited from risk-on markets today after Chinese senior heal officials revealed that it is...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

GBP to AUD Exchange Rate Stuck At One-Year-Worst as Pound Struggles amid No-Deal Brexit Fears

10 Sep 2020 at 3 PM - Written by Toni Johnson

The Pound has been attempting to steady slightly higher since yesterday, following days of being throttled by no-deal Brexit fears dominating markets. Investors have also continued to find the Australian Dollar fairly appealing, amid lingering demand for risk-taking. Looking ahead to tomorrow, upcoming UK growth rate news would be typically...

CATEGORIES: Pound Australian Dollar Forecasts

Pound to Australian Dollar (GBP/AUD) Exchange Rate Rises as Australian GDP Predicted to Drop to Record Lows

1 Sep 2020 at 1 PM - Written by John Cameron

GBP/AUD Exchange Rate Edges Higher as Australia Braces for GDP Data The Pound to Australian Dollar (GBP/AUD) exchange rate rose by 0.6% today, with the pairing currently fluctuating around AU$1.823. The ‘Aussie’ suffered today as Australian markets predict the nation’s Gross Domestic Product (GDP) to plunge in the second quarter....

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Flat as Victoria’s New Coronavirus Cases Ease

28 Aug 2020 at 10 AM - Written by John Cameron

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Muted as Australia Battles Rise in Coronavirus Cases The Pound Sterling Australian Dollar (GBP/AUD) exchange rate remained flat on Friday morning, leaving the pairing trading at around AU$1.8159. The ‘Aussie’ struggled to make gains against the Pound as the country continued...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to AUD Exchange Rate Sees Friday Slide despite Disappointing Australian PMI Results

21 Aug 2020 at 2 PM - Written by James Fuller

Despite Friday’s strong UK data and mixed Australian data, the British Pound to Australian Dollar (GBP/AUD) exchange rate fell back from the week’s highest levels on Friday. The Pound outlook remains pressured by various factors like coronavirus and Brexit uncertainties, while the Australian Dollar remains generally appealing due to...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Falls as Victoria’s Covid-19 Outbreak Eases

19 Aug 2020 at 1 PM - Written by John Cameron

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Slumps as Aussie Covid-19 Outbreak Eases Further The Pound Sterling Australian Dollar (GBP/AUD) exchange rate slumped by around -0.5% on Wednesday morning. This left the pairing trading at around AU$1.8183. The Australian Dollar edged higher today as the new outbreak in the...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Rises despite Upbeat RBA Lowe

14 Aug 2020 at 12 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Falls as Aussie Unemployment Rate to Hit 10% The Pound Sterling Australian Dollar (GBP/AUD) exchange rate made slight gains at the end of the week, leaving the pairing trading at around AU$1.8327. The Australian Dollar remained flat today after Reserve Bank of Australia (RBA) Governor,...

CATEGORIES: Pound Australian Dollar Forecasts