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Australian Dollar Forecast Directory - Page #23

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

Pound Australian Dollar (GBP/AUD) Exchange Rate Pushes Higher on Narrowed Australian Trade Surplus

7 Jan 2021 at 2 PM - Written by Frank Davies

Narrowed Trade Surplus Fuels Pound Australian Dollar Exchange Rate Gains A sharper-than-expected narrowing of the Australian trade surplus encouraged the Pound to Australian Dollar (GBP/AUD) exchange rate to push higher. Although the trade balance remained in a state of surplus investors were still disappointed to see the figure narrow...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Stumbles as Covid-19 Vaccine Optimism Grows

30 Dec 2020 at 12 PM - Written by Frank Davies

Covid-19 Vaccine Hopes Shore up Market Risk Appetite and Australian Dollar Market optimism over the potential approval of an additional Covid-19 vaccine in the UK helped to keep the Pound to Australian Dollar (GBP/AUD) exchange rate on the back foot. With AstraZeneca vaccine reportedly moving closer to approval for use in the UK markets...

CATEGORIES: Pound Australian Dollar Forecasts

Pound to Australian Dollar Exchange Rate News: GBP/AUD Muted as Brexit Euphoria Fades

29 Dec 2020 at 1 PM - Written by John Cameron

GBP/AUD Exchange Rate Flat on Lingering Brexit Concerns Despite relief that the UK and EU finally managed to reach a post-Brexit trade deal last week, the Pound (GBP) is struggling to find support so far this week. This is in part due to the deal already being priced in, as in spite of the hard-fought negotiations and frequent...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/AUD Exchange Rate Steady as Bank of England Holds Interest Rates

17 Dec 2020 at 5 PM - Written by John Cameron

GBP/AUD Exchange Rate Rangebound as Brexit Talks Make ‘Good Progress’, according to EU The Pound to Australian Dollar (GBP/AUD) exchange rate continues to trend higher today after the Bank of England (BoE) held interest rates at 0.1% despite an uncertain economic outlook. At the time of writing the GBP/AUD exchange rate is currently...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Hits Lowest Level Since January 2019 on No-Deal Brexit Odds

11 Dec 2020 at 12 PM - Written by Frank Davies

Higher No-Deal Brexit Odds Weigh Heavily on GBP/AUD Exchange Rate Resurgent fears over the odds of a no-deal Brexit drove the Pound Australian Dollar (GBP/AUD) exchange rate to its lowest level since January 2019. As European Commission president Ursula von der Leyen reported to EU leaders that a no-deal scenario now has a ‘higher...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to AUD Exchange Rate Rebound May be Limited a Brexit Impasses Persist

3 Dec 2020 at 4 PM - Written by James Fuller

Investors are buying the British Pound to Australian Dollar (GBP/AUD) exchange rate today, despite persisting concerns that the Brexit process could end with a no-deal outcome. The risk and trade-correlated Australian Dollar is struggling to push higher, but the Pound’s potential to advance may be limited going forward unless there is some...

CATEGORIES: Pound Australian Dollar Forecasts

Pound to Australian Dollar (GBP/AUD) Exchange Rate Rises as UK Faces ‘Significant’ Week of Brexit Talks

30 Nov 2020 at 12 PM - Written by John Cameron

GBP/AUD Exchange Rate Edges Higher as UK Mortgage Approvals Rise The Pound to Australian Dollar (GBP/AUD) exchange rate rose by 0.2% today, with the pairing currently fluctuating around AU$1.807. The Pound (GBP) rose today despite growing concerns over UK-EU trade talks, which appear to show no signs of the two sides coming to an...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to AUD Exchange Rate Gives up Ground on Bolstered Market Sentiment

24 Nov 2020 at 3 PM - Written by Toni Johnson

Despite continued hopes that the UK and EU are drawing closer to reaching a Brexit deal, the British Pound to Australian Dollar (GBP/AUD) exchange rate has been knocked from its highs today. The Australian Dollar continues to see resilient demand as a currency correlated to market risk and trade, and this sentiment has only been further...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Holds Ground as Australian Unemployment Grows

19 Nov 2020 at 4 PM - Written by Frank Davies

Rising Australian Unemployment Shores up Pound Australian Dollar (GBP/AUD) Exchange Rate A smaller-than-expected uptick in the Australian unemployment rate was not enough to keep the Pound to Australian Dollar (GBP/AUD) exchange rate from rallying. While the unemployment rate did not see quite as sharp an increase as forecast it still...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to AUD Exchange Rate Sheds Ground as Brexit Uncertainty Returns to Focus

16 Nov 2020 at 4 PM - Written by John Cameron

Coronavirus vaccine developments led to mixed movement in the British Pound to Australian Dollar (GBP/AUD) exchange rate last week. This week so far, vaccine developments continue to drive Australian Dollar movement, but the Pound is being influenced more by expectations that there could be major Brexit developments this week. Last week...

CATEGORIES: Pound Australian Dollar Forecasts