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Australian Dollar Forecast Directory - Page #21

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

Pound Australian Dollar (GBP/AUD) Exchange Rate Rises as UK GDP is Revised Up

31 Mar 2021 at 5 PM - Written by John Cameron

GBP/AUD Exchange Rate Heads Higher on Encouraging UK Economic Data The Pound Australian Dollar exchange rate rose by 0.2% today following the release of the UK’s GDP data for the fourth quarter of last year, which beat forecasts and was revised up to 1.3%. The pairing is currently trading around AU$1.81. Rupert Thompson, chief...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

GBP/AUD Forecast: Pound to Australian Dollar Rate Falls Despite Prevailing Risk-Off Mood

24 Mar 2021 at 5 PM - Written by John Cameron

GBP/AUD Exchange Rate Sinks Despite Growing Tensions With China The Pound Australian Dollar (GBP/AUD) exchange rate fell by -0.2% today, with the pairing currently fluctuating around AU$1.80. The risk-sensitive Australian Dollar (AUD) suffered today following rising concerns over the AstraZeneca vaccine raised by US regulators. As a...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

GBP/AUD Forecast: Pound Australian Dollar Exchange Rate Volatile after BoE Interest Rate Decision

18 Mar 2021 at 2 PM - Written by John Cameron

The Pound to Australian Dollar exchange rate is volatile this afternoon after the Bank of England’s (BoE) decision to keep interest rates at 0.1%. At the time of writing the pair are currently trading at around AU$1.7869, as the Australian Dollar remains steady on the back of positive employment data from Australia. GBP/AUD Exchange...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/AUD Forecast: Pound to Australian Dollar Exchange Rate Slips Thanks to Latest Brexit Tensions

16 Mar 2021 at 12 PM - Written by Frank Davies

Pound (GBP) Exchange Rates Under Pressure as Brexit Tensions Heighten The Pound to Australian Dollar (GBP/AUD) exchange rate came under renewed pressure on Tuesday as anxiety over Brexit picked up once again. As the EU launched legal action against the UK over a potential breach of the Northern Ireland protocol the mood towards the...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/AUD Outlook: Pound Australian Dollar Exchange Rate Edges Higher on Bullish Bank of England Comments

15 Mar 2021 at 12 PM - Written by John Cameron

GBP/AUD Exchange Rate Rises as BoE Governor is ‘More Positive’ About UK Economic Outlook The Pound Australian Dollar (GBP/AUD) rose today following upbeat comments from the Bank of England’s (BoE) Governor Andrew Bailey, who said that he was now ‘more positive’ about the outlook for the UK economy. The pairing is currently...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

GBP/AUD Forecast: Pound to Australian Dollar Exchange Rate up after RBA Governor Pours Cold Water on Hike Speculation

10 Mar 2021 at 12 PM - Written by James Fuller

The Pound continues to climb, and the British Pound to Australian Dollar (GBP/AUD) exchange rate is benefitting from weakness in the Australian Dollar today. Investors are selling the Australian Dollar after a solidly dovish tone from Reserve Bank of Australia (RBA) Governor Philip Lowe in a recent speech, while Sterling keeps benefitting...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/AUD Exchange Rate Stumbles as Australian Trade Surplus Swells

4 Mar 2021 at 4 PM - Written by John Cameron

The Pound to Australian Dollar (GBP/AUD) exchange rate lost its footing even as the UK construction PMI bettered forecasts. Although forecasts had pointed towards an uptick in the PMI the index surprised investors by jumping from 49.2 to 53.3 on the month. This suggests that the construction sector returned to a state of solid growth in...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/AUD Outlook: Pound Australian Dollar Pushes Higher as Markets Await UK Budget

3 Mar 2021 at 12 PM - Written by John Cameron

The Pound to Australian Dollar exchange rate headed higher this morning as markets eagerly await the announcement of the UK Spring Budget for 2021. At the time of writing the pair are currently trading at around AU$1.7881. Pound (GBP) Supported by Extended UK Furlough Scheme The Pound found itself supported this morning after the...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/AUD Forecast: Pound to Australian Dollar Exchange Rate Under Pressure as RBA Maintains Course

2 Mar 2021 at 3 PM - Written by Frank Davies

Pound (GBP) Exchange Rates Supported by Surprise UK Housing Price Index Uptick A stronger-than-expected month for the Nationwide housing prices index was not enough to keep the Pound to Australian Dollar exchange rate from trending lower. While prices defied forecasts of a fresh contraction to instead rebound 0.7% on the month this...

CATEGORIES: Pound Australian Dollar Forecasts

Pound to Australian Dollar Rate Under Pressure as Australian Capital Expenditure Recovers

25 Feb 2021 at 1 PM - Written by Frank Davies

GBP/AUD Exchange Rate Sheds Ground as Covid-19 Vaccine Optimism Fades In the absence of any fresh UK economic data releases there was little to prevent the Pound to Australian Dollar (GBP/AUD) exchange rate from faltering. As the impact of earlier market optimism over the prospect of a second quarter UK economic recovery faded this left...

CATEGORIES: Pound Australian Dollar Forecasts