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

GBP/AUD Exchange Rate Steady as UK Markets Confidence Dips on ‘Firebreak’ Lockdown Rumours

8 Sep 2021 at 3 PM - Written by John Cameron

STORY LINK GBP/AUD Exchange Rate Steady as UK Markets Confidence Dips on ‘Firebreak’ Lockdown Rumours

GBP/AUD Exchange Rate Rangebound as ‘Firebreak’ Lockdown News Dampens UK Economic Confidence The Pound Australian Dollar (GBP/AUD) exchange rate is rangebound today with UK markets concerned about the possibility of a ‘firebreak’ October lockdown, should Covid-19 infections and hospitalisations remain high next month. The pairing is...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

GBP/AUD Forecast: Pound Australian Dollar Exchange Rate Heads Higher on RBA Interest Rate Decision

7 Sep 2021 at 9 AM - Written by John Cameron

STORY LINK GBP/AUD Forecast: Pound Australian Dollar Exchange Rate Heads Higher on RBA Interest Rate Decision

The Pound to Australian Dollar (GBP/AUD) exchange rate has strengthened this morning on the back of rising house prices in the UK. The GBP/AUD pairing are currently trading at around AU$1.8637, as the Australian Dollar struggles following the latest Reserve Bank of Australia (RBA) interest rate decision. Pound (GBP) Supported by...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/AUD Exchange Rate Dips as Australian Growth Boosts ‘Aussie’

2 Sep 2021 at 3 PM - Written by John Cameron

STORY LINK GBP/AUD Exchange Rate Dips as Australian Growth Boosts ‘Aussie’

GBP/AUD Exchange Rate Falls as Australia Avoids Recession The Pound Australian Dollar (GBP/AUD) exchange rate dipped today following after the latest ABS figures revealed that the Australian economy had grown by 0.7% in June, avoiding a recession – for now. The pairing is currently trading around AU$1.86. Deloitte Access Economics...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

GBP/AUD Forecast: Pound Australian Dollar Exchange Rate Weakens as 'Aussie' Soars

24 Aug 2021 at 12 PM - Written by John Cameron

STORY LINK GBP/AUD Forecast: Pound Australian Dollar Exchange Rate Weakens as 'Aussie' Soars

The Pound Australian Dollar (GBP/AUD) exchange rate has weakened today on an absence of economic data from the UK to support GBP exchange rates. At the time of writing the GBP/AUD pairing are trending around the AU$1.8951 level as the ‘Aussie’ finds support on the back of risk-on trade. Pound (GBP) Dips on Lack of Economic Data...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Dips as Risk Sentiment Improves

23 Aug 2021 at 12 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Dips as Risk Sentiment Improves

GBP/AUD Exchange Rate Sinks, ‘Aussie’ Buoyed by Returning Risk-On Mood The Pound Australian Dollar exchange rate fell by -0.3% this morning as a return of improved risk sentiment drives-up demand for the risk-averse ‘Aussie’. The pairing is currently fluctuating around AU$1.90. Last week saw a ‘risk off’ market mood hold back...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

GBP/AUD Forecast: Pound Australian Dollar Exchange Rate Edges Higher as ‘Aussie’ Sours

20 Aug 2021 at 10 AM - Written by John Cameron

STORY LINK GBP/AUD Forecast: Pound Australian Dollar Exchange Rate Edges Higher as ‘Aussie’ Sours

The Pound to Australian Dollar (GBP/AUD) exchange rate has edged higher this morning despite the release of disappointing retail sales figures from the UK. At the time of writing the GBP/AUD pairing are trading around the AU$1.9143 level as a worsening coronavirus situation in Australia dents ‘Aussie’ appeal. Pound (GBP) Pushes...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Edges Higher on Strong UK Jobs Data

17 Aug 2021 at 11 AM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Edges Higher on Strong UK Jobs Data

GBP/AUD Exchange Rate Rises, UK Jobs Data Beats Forecasts The Pound Australian Dollar (GBP/AUD) exchange rate rose today following stronger-than-expected UK labour data for June, with joblessness falling from 4.8% to 4.7%, buoying optimism in the nation’s economic recovery. The pairing is currently trading around AU$1.89. UK Chancellor...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Soars as ‘Aussie’ Struggles For Direction

9 Aug 2021 at 10 AM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Soars as ‘Aussie’ Struggles For Direction

The Pound Australian Dollar (GBP/AUD) exchange rate has soared this morning as the Australian Dollar continues to struggle against a sour market mood and the strength of the US Dollar. Despite a lack of economic data from the UK, Sterling continues to rise as Scotland’s freedom day from coronavirus arrives. At the time of writing the...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Dips as Strong Chinese PMI Data Uplifts ‘Aussie’

4 Aug 2021 at 2 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Dips as Strong Chinese PMI Data Uplifts ‘Aussie’

GBP/AUD Exchange Rate Falls, Chinese PMIs Beat Forecasts and Improve Risk Appetite The Pound Australian Dollar (GBP/AUD) exchange rate dipped today after the risk-sensitive ‘Aussie’ benefited from stronger-than-expected Chinese PMI data for July. The pairing is currently fluctuating around AU$1.87. Today saw the release of the Chinese...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Rises as US-China Relations Sour

26 Jul 2021 at 5 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Rises as US-China Relations Sour

GBP/AUD Exchange Rate Edges Higher on Risk-Off Mood The GBP/AUD exchange rate rose today following reports of a souring of relations between the US and China during the meting in the Chinese city of Tianjin. Chinese Ministry of Foreign Affairs reported that Beijing had described the relationship between the two countries as being in a...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

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