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Australian Dollar Forecast Directory - Page #11

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

Pound Australian Dollar Exchange Rate News: GBP/AUD Weak as UK Energy Crisis Deepens

1 Sep 2022 at 4 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Weak as UK Energy Crisis Deepens

GBP/AUD Exchange Rate Subdued amid Recession Fears The Pound to Australian Dollar (GBP/AUD) exchange rate weakened on Thursday. The pairing has been volatile for most of the week as a bleak economic outlook weighed on the Pound. At time of writing the GBP/AUD exchange rate traded at around $1.6940. Down roughly 0.2% from Thursday’s...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Slipped on Soaring UK Inflationary Pressures

31 Aug 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Slipped on Soaring UK Inflationary Pressures

Pound (GBP) Hindered by Soaring Food Price Inflation The Pound (GBP) continued to struggle amid the UK’s cost-of-living crisis as food price inflation surged to the highest level since 2008. Shop prices for food rose annualised by 5.1% in the month of August, up from 4.4% in July. The war in Ukraine has pushed up prices for farmers,...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered amid Looming UK Energy Bill Crisis

24 Aug 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered amid Looming UK Energy Bill Crisis

Pound (GBP) Under Pressure amid Looming Energy Crisis The Pound (GBP) struggled for demand on Wednesday as the looming energy price cap, which is set to soar by 80%, is weighing on the economy, and Sterling. With millions of households set to struggle in the winter, inflation is expected to hit 18% early next year. Experts are now...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered amid Mixed PMI Data

23 Aug 2022 at 3 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered amid Mixed PMI Data

Pound (GBP) Under Increased Pressure amid Mounting Cost-of-Living Crisis The Pound (GBP) failed to find a clear direction against it rivals on Tuesday as mixed PMI data still pointed the UK towards a recession. The manufacturing sector unexpectedly contracted for the month of July, the first shrinking of the sector since May 2020. With...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate Rangebound amid Signs of Cooling UK Labour Market

16 Aug 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate Rangebound amid Signs of Cooling UK Labour Market

Pound Australian Dollar (GBP/AUD) Exchange Rate Trades Narrowly amid Risk-Off Mood The Pound Australian Dollar (GBP/AUD) exchange rate trended sideways on Monday. Gains for the currency pair may have been capped by evidence of a cooling UK labour market. Hawkish indicators from the Reserve Bank of Australia (RBA) may also have kept...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Strengthened on Poor Chinese Data

15 Aug 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Strengthened on Poor Chinese Data

Australian Dollar (AUD) Plunged on Slowing Chinese Economy The Australian Dollar (AUD) failed to find demand on Monday as data out of China widely fell short of expectations. Both retail and industrial production data missed market forecasts and printed far lower, highlighting a weaker-than-expected economy. Chinese retail sales rose by...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Softened Ahead of Expected Contraction of UK Economy

11 Aug 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Softened Ahead of Expected Contraction of UK Economy

Pound (GBP) Muted ahead of Expected Contraction of GDP The Pound (GBP) was under increased pressure as investors remained cautious ahead of key GDP data for the month of June. With expectations of the UK economy contracting, Sterling encountered renewed pressure. A lack of data has left the Pound exposed to market sentiment, and despite...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Softened amid Bleak BoE Economic Outlook

8 Aug 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Softened amid Bleak BoE Economic Outlook

Pound (GBP) Plunged on Downbeat Forecast The Pound (GBP) failed to drum up support as a lack of data left Sterling exposed to the souring market sentiment. After the Bank of England’s (BoE) downbeat economic report following their 50bps rate hike continued to weigh on the Pound. Expectations of a recession are growing, compounded by...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered on Bleak BoE Economic Outlook

5 Aug 2022 at 4 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered on Bleak BoE Economic Outlook

Pound (GBP) Under Intense Pressure from Recession Fears The Pound (GBP) struggled for demand in the wake of the Bank of England’s (BoE) biggest rate hike in 27 years. Despite an apparent hawkish hike, the concerning undertones were confirmed in the press conference that followed the central bank’s decision to raise rates to...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Surged to Three-Week High amid Dovish Turn from RBA

2 Aug 2022 at 3 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Surged to Three-Week High amid Dovish Turn from RBA

Australian Dollar (AUD) Tumbled amid Dovish Turn from RBA The Australian Dollar (AUD) plummeted despite the Reserve Bank of Australia (RBA) delivering the third straight 50bps interest rate hike at its latest policy meeting. Souring the market mood was the dovish turn from the RBA emanating from their monetary policy statement. The...

CATEGORIES: Pound Australian Dollar Forecasts

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