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Australian Dollar Forecast Directory - Page #10

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

Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered as BoE Ruled out Emergency Rate Hike

27 Sep 2022 at 1 PM - Written by John Cameron

Pound (GBP) Wavered on Cautious BoE Stance The Pound (GBP) failed to rally on Tuesday as investors eagerly awaited an intervention from the Bank of England (BoE). However, the central bank stopped short of raising interest rates and instead opted to wait and see how things are in November. In the wake of Chancellor of the Exchequer...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Directionless as Risk Aversion Subsides

27 Sep 2022 at 12 PM - Written by John Cameron

GBP/AUD Exchange Rate Sluggish as GBP Attempts to Regain Ground The Pound to Australian Dollar (GBP/AUD) exchange rate was trading narrowly on Tuesday as GBP attempted a wary comeback and risk appetite dominated AUD trade. At time of writing the GBP/AUD exchange rate traded at around AU$1.6645, which was roughly the same as...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Volatile amid BoE Decision

22 Sep 2022 at 4 PM - Written by John Cameron

h2>GBP/AUD Exchange Rate Volatile as BoE Raises Rates The Pound to Australian Dollar (GBP/AUD) exchange rate traded sideways overall on Thursday after fluctuating during opening trade, as GBP investors adjusted to the Bank of England’s (BoE) rate hike decision. At the time of writing the GBP/AUD exchange rate traded at around...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered on Energy Support for UK Businesses

21 Sep 2022 at 1 PM - Written by John Cameron

Pound (GBP) Fluctuated on Business Support Package The Pound (GBP) struggled to find much demand on Wednesday after the UK government announced its plans to support firms with energy bills. Two weeks after Prime Minister Liz Truss confirmed the energy bill price cap for households, a six-month plan to halve gas and electricity prices for...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Slumped amid Poor UK Retail Sales

16 Sep 2022 at 1 PM - Written by John Cameron

Pound (GBP) Under Renewed Pressure as Retail Sales Tumbled The Pound (GBP) slumped on Friday in the wake of worse-than-expected retail sales for the month of August. Retail sales printed at -1.6%, versus an expected 0.5% drop. Missing forecasts by a substantial amount, the fall in economic activity is troubling. Excluding fuel prices,...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Surged as UK Inflation Softened

14 Sep 2022 at 12 PM - Written by John Cameron

Pound (GBP) Strengthened as Inflation Eased The Pound (GBP) enjoyed moderate success against its major rivals on Wednesday as CPI reading for August fell below expectations and hit 9.9%. Despite inflation remaining close to 40-year high, the cost-of-living eased slightly as tumbling fuel prices finally reached the consumer. Expectations...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered on Mixed UK Jobs Data

13 Sep 2022 at 12 PM - Written by John Cameron

Pound (GBP) Fluctuated on Mixed Employment Data The Pound (GBP) enjoyed mixed success against its peers on Tuesday as jobs data printed, giving early hints that the labour market pressures could be finally easing. The unemployment rate fell further than forecasts as it fell to a 48-year low of 3.6%. With expectations of 3.8%, held for...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate News: GBP/AUD Trades Following Mixed UK Jobs Data

13 Sep 2022 at 11 AM - Written by John Cameron

GBP/AUD Exchange Rate Muted Following UK Employment Figures The Pound to Australian Dollar (GBP/AUD) exchange rate was directionless during early morning trade on Tuesday underpinned by poor domestic headlines. At time of writing the GBP/AUD exchange rate traded at around $1.6967, barely changed from Tuesday’s opening level....

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Plunged on Concerns Over Fiscal Policy Ramifications

7 Sep 2022 at 1 PM - Written by John Cameron

Pound (GBP) Downbeat on Inflationary Impact of Energy Plans The Pound (GBP) came under renewed pressure after Bank of England (BoE) policymakers appeared cautious and somewhat guarded in their speech to parliament. Ahead of new Prime Minister Liz Truss’ announcement of the much-needed financial support, concerns are growing of how...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Rebounded on £40bn Energy Aid Package

6 Sep 2022 at 1 PM - Written by John Cameron

Pound (GBP) Firmed on Imminent Support Package The Pound (GBP) finally regathered its strength on Tuesday as newly appointed prime minister Liz Truss announces her first course of action as Boris Johnson’s replacement. Reports of a substantial relief package aimed at businesses is set to be announced. A £40bn support package is being...

CATEGORIES: Pound Australian Dollar Forecasts