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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 Regains Weekly Losses as Australian Growth Slips

4 Dec 2019 at 3 PM - Written by David Woodsmith

Earlier in the week, mixed UK election polling and a surprisingly neutral tone from the Reserve Bank of Australia (RBA) left the British Pound to Australian Dollar (GBP/AUD) exchange rate tumbling. However, since then investors have become more confident in the UK political outlook once again, and the Australian Dollar has been knocked lower...

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Pound Australian Dollar Exchange Rate Dips, RBA Holds Interest Rate amid Downside Risks

3 Dec 2019 at 10 AM - Written by John Cameron

GBP/AUD Exchange Rate Eases, RBA Holds Interest Rates The Pound Australian Dollar (GBP/AUD) exchange rate eased this morning, with the pairing currently trading around AU$1.893 after the Reserve Bank of Australia (RBA) held its interest rate decision at 0.75%. RBA Governor Philip Lowe, however, was downbeat in his outlook, commenting that...

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GBP to AUD Exchange Rate Slips from Best Post-Referendum Levels amid Lack of Fresh Support

29 Nov 2019 at 11 AM - Written by Tim Boyer

While the British Pound to Australian Dollar (GBP/AUD) exchange rate has advanced this week, it has not been able to hold too close to the pair’s best levels in years. Instead, the latest mixed UK confidence stats, as well as lingering hopes that US-China trade relations can still improve, left the pair trending slightly lower before...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to AUD Exchange Rate Jumps as Westpac Predicts Further RBA Rate Cuts in 2020

27 Nov 2019 at 1 PM - Written by James Fuller

A lack of demand for the Australian Dollar in recent sessions has meant that it has been unable to push the British Pound to Australian Dollar (GBP/AUD) back further from gains seen at the beginning of the week. While the Pound outlook is volatile amid UK election polling uncertainties, the Australian Dollar saw fresh weakness today in...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Stumbles as Labour Catching up in the Polls

26 Nov 2019 at 1 PM - Written by John Cameron

Pound (GBP) Exchange Rates Undermined by Polling Figures The Pound (GBP) has found itself on the back foot today in response to the latest opinion polls from the UK which point to Labour closing the gap with the Conservatives since the weekend. Polls are currently showing the Tories have an 11 point lead over Labour down from an 18...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Falls as Conservative Party Lead Narrows

26 Nov 2019 at 1 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Slides as Tory Lead Narrows The Pound Sterling Australian Dollar (GBP/AUD) exchange rate edged lower, leaving the pairing trading at around AU$1.8976. Sterling weakened against the Australian Dollar as further opinion polls revealed the Conservative Party’s lead against the opposition is...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate Steady, ‘Aussie’ Subdued on US-China Trade Uncertainty

21 Nov 2019 at 4 PM - Written by John Cameron

GBP/AUD Exchange Rate Rangebound, Doubts Rise on US-China ‘Phase One’ Trade Deal The Pound Australian Dollar (GBP/AUD) exchange rate held steady today, with the pairing currently trading around AU$1.900 as the risk-sensitive ‘Aussie’ continues to struggle on US-China trade uncertainty. With China being Australia’s largest...

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Pound Australian Dollar Exchange Rate Sinks, Post-Brexit Speculation Haunts UK Markets

15 Nov 2019 at 2 PM - Written by John Cameron

GBP/AUD Exchange Rate Eases, Post-Brexit Gloom Weighs on Sterling The Pound Australian Dollar (GBP/AUD) exchange rate fell today, with the pairing currently trading around AU$1.893 as investor confidence in Sterling begins to slip on increasing gloom surrounding the UK’s economy post-Brexit. Neil Mellor, the Senior Currency Strategist...

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GBP to AUD Exchange Rate Near Half-Month-Best Ahead of Australian Job Stats

13 Nov 2019 at 3 PM - Written by Tim Boyer

Poor UK datasets have not been enough to drag the British Pound to Australian Dollar (GBP/AUD) exchange rate lower, as despite the lack of fresh support for Sterling, the Australian Dollar has been weakened by US-China trade jitters and some underwhelming Australian data. Investors are still hesitant to move too much on the ‘Aussie’...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Steady, UK Unemployment Falls in September

12 Nov 2019 at 12 PM - Written by John Cameron

GBP/AUD Exchange Rate Rangebound, UK Unemployment Improves The Pound Australian Dollar (GBP/AUD) exchange rate steadied this morning, with the pairing currently trading around AU$1.877 after September’s UK ILO unemployment rate rose from 3.9% to 3.8% in September, its lowest since early 1975’s third quarter. However, Sterling’s...

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