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

Pound Australian Dollar (GBP/AUD) Exchange Rate Down as Investors Respond to Weaker USD

22 Jun 2018 at 1 PM - Written by John Cameron

BoE Haldane Throws in with the Hawks – Pound Australian Dollar (GBP/AUD) Exchange Rate Outlook Improves The Pound Australian Dollar (GBP/AUD) exchange rate traded lower on Friday, falling as investors responded to a weaker US Dollar (USD) by buying into riskier assets like the Australian Dollar. This occurred despite a rising tide of...

CATEGORIES: Pound Australian Dollar Forecasts

BCC Growth Forecast Downgrade Triggers GBP/AUD Exchange Rate Decline

18 Jun 2018 at 1 PM - Written by Toni Johnson

Last week, the Pound to Australian Dollar exchange rate opened in the region of 1.7638 and rose to close higher around 1.7838. This appreciation was caused by the news that the US Federal Reserve had decided to hike interest rates, which strengthened the US Dollar and devalued the AUD. Falling Confidence after BCC Forecasts Triggers...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Struggles to Hold onto Retail Sales Gains

14 Jun 2018 at 5 PM - Written by John Cameron

UK Retail Sales Smash Expectations - Pound (GBP) Exchange Rates Fluctuate Sterling posted a mixed performance against the Australian Dollar (GBP/AUD) on Thursday, rising in the morning as investors responded to a weak round of Australian labour market data and a strong UK retail sales print, but easing into the afternoon. According to...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Drops after UK Wage Growth Slows

12 Jun 2018 at 4 PM - Written by Ben Hughes

On Monday, the Pound to Australian Dollar exchange rate opened around 1.7643 and closed lower in the region of 1.7585. This decline in the Pound’s performance was down to a cluster of poor UK data releases which covered manufacturing, construction and industrial sector output. Levels of productivity fell in April across a range of...

CATEGORIES: Pound Australian Dollar Forecasts

Weak UK Industrial Output Sends the Pound Australian Dollar (GBP/AUD) Exchange Rate Tumbling

11 Jun 2018 at 1 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Stumbles as UK Manufacturing Suffers Sharp Contraction The Pound Australian Dollar (GBP/AUD) exchange rate fluctuated on Monday morning, rising in the early hours on concerns regarding global trade before falling as investors responded to a raft of weak UK industrial stats. According to...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to AUD Exchange Rate Recovers from Monday Slump as UK Services Beat Forecasts

5 Jun 2018 at 4 PM - Written by Frank Davies

Following a surge in demand for the Australian Dollar at the beginning of the week, the British Pound to Australian Dollar (GBP/AUD) exchange rate recovered slightly on Tuesday. Britain’s latest services PMI data beat forecasts, bolstering hopes that Britain’s economy was rebounding and could see stronger growth later in the...

CATEGORIES: Pound Australian Dollar Forecasts

Aussie Retail Sales Beat Expectations - Pound Australian Dollar (GBP/AUD) Exchange Rate Plummets

4 Jun 2018 at 4 PM - Written by John Cameron

Diminishing Business Investment Weighs on Pound Australian Dollar (GBP/AUD) Exchange Rates The Pound Australian Dollar (GBP/AUD) exchange rate plummeted by over 1% on Monday, falling as investors reacted to a gloomy report on UK business investment and a contrasting surge in Australian retail sales. According to the manufacturing body...

CATEGORIES: Pound Australian Dollar Forecasts

GBP AUD Exchange Rate Struggles in Spite of Sharp Uptick in UK Consumer Credit

31 May 2018 at 4 PM - Written by David Woodsmith

A better-than-expected GfK UK consumer confidence index offered support to the Pound Australian Dollar (GBP/AUD) exchange rate on Thursday. While the index remained firmly in negative territory investors were still encouraged by signs that sentiment is recovering in spite of lingering Brexit-based uncertainty. An unexpectedly sharp...

CATEGORIES: Pound Australian Dollar Forecasts

Growing Fears about Brexit-City Conditions Cause GBP/AUD Exchange Rate Losses

29 May 2018 at 1 PM - Written by James Fuller

Last week, the Pound to Australian Dollar exchange rate opened trading in the region of 1.7908 on Monday but closed down lower around 1.7620 on Friday. The Pound (GBP) was primarily weakened over the course of trading by signs that a Bank of England (BoE) interest rate hike was likely to be further off. Expectations for an imminent rate...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Tumbles as UK GDP Misses its Mark

25 May 2018 at 1 PM - Written by John Cameron

UK Q1 GDP Estimate Confirmed Soft – Pound (GBP) Exchange Rates Fall The Pound Australian Dollar (GBP/AUD) exchange rate weakened on Friday, falling as investors responded to a disappointing Q1 GDP print. The Office for National Statistics (ONS) confirmed the UK’s economic growth in the first quarter at 1.2% year-on-year, with the...

CATEGORIES: Pound Australian Dollar Forecasts