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Australian Dollar Forecast Directory - Page #3

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

Pound Australian Dollar (GBP/AUD) Exchange Rate Slumps amid Surprise RBA Rate Hike

6 Jun 2023 at 3 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Slumps amid Surprise RBA Rate Hike

Pound Australian Dollar (GBP/AUD) Exchange Rate Slumps amid Surprise RBA Rate Hike The Pound Australian Dollar (GBP/AUD) exchange rate cratered on Tuesday, following a surprise interest rate hike from the Reserve Bank of Australia (RBA). At the time of writing, GBP/AUD traded at around AU$1.8639, a fall of just under 0.9% from...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Slipped amid Improving Chinese Recovery

5 Jun 2023 at 10 AM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Slipped amid Improving Chinese Recovery

Australian Dollar (AUD) Underpinned by Strong Chinese Rebound The Australian Dollar (AUD) found some moderate strength to open the week after it was revealed China reported better-than-expected services PMI. Against expectations of 55, the service sector jumped to 57.1, marking the fifth straight month of expansion. The reading also...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Climbs on Red Hot UK Core Inflation

24 May 2023 at 2 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Climbs on Red Hot UK Core Inflation

Pound Australian Dollar (GBP/AUD) Exchange Rate Climbs on Red Hot UK Core Inflation The Pound Australian Dollar (GBP/AUD) exchange rate soared on Wednesday, as a shock jump in UK core inflation prompted increased interest rate hike bets. At the time of writing, GBP/AUD traded at around AU$1.8878, a rise of just under 0.6% from...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Slips as Investors Adjust BoE Rate Hike Bets

17 May 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Slips as Investors Adjust BoE Rate Hike Bets

Pound Australian Dollar (GBP/AUD) Exchange Rate Slips as Investors Adjust BoE Rate Hike Bets The Pound Australian Dollar (GBP/AUD) exchange rate weakened during Wednesday’s European session, as investors began to readjust their bets on further tightening from the Bank of England (BoE). At the time of writing, GBP/AUD traded at...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Firms as UK Dodges Recession

12 May 2023 at 2 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Firms as UK Dodges Recession

Pound Australian Dollar (GBP/AUD) Exchange Rate Firms as UK Dodges Recession The Pound Australian Dollar (GBP/AUD) exchange rate firmed on Friday, as the UK was found to have avoided a recession in Q1. At the time of writing, GBP/AUD traded at around AU$1.8715, a rise of roughly 0.2% from Friday’s opening rates. Pound (GBP)...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Narrows amid Downbeat Market Mood

10 May 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Narrows amid Downbeat Market Mood

Pound Australian Dollar (GBP/AUD) Exchange Rate Narrows amid Downbeat Market Mood The Pound Australian Dollar (GBP/AUD) exchange rate traded in narrow boundaries during Wednesday’s European session, as a bearish market mood sapped sentiment towards both currencies. At the time of writing, GBP/AUD traded at around AU$1.8675, showing...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Weakens amid Hawkish RBA Rhetoric

5 May 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Weakens amid Hawkish RBA Rhetoric

Pound Australian Dollar (GBP/AUD) Exchange Rate Weakens amid Hawkish RBA Rhetoric The Pound Australian Dollar (GBP/AUD) exchange rate weakened on Friday, as a hawkish statement from the Reserve Bank of Australia (RBA) prompted elevated rate hike bets. At the time of writing, GBP/AUD traded at around AU$1.8742, a fall of around 0.3%...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Strengthens as Profit Taking Dents AUD

3 May 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Strengthens as Profit Taking Dents AUD

Pound Australian Dollar (GBP/AUD) Exchange Rate Strengthens as Profit Taking Dents AUD The Pound Australian Dollar (GBP/AUD) strengthened on Wednesday, as the Australian Dollar (AUD) was stricken by profit taking. Furthermore, the market mood appeared to favour GBP. At the time of writing, GBP/AUD traded at around AU$1.8781, a rise of...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Fluctuated amid UK Economic Optimism

17 Apr 2023 at 1 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Fluctuated amid UK Economic Optimism

Pound (GBP) Supported by Renewed Economic Optimism The Pound (GBP) managed to find modest support despite a lack of major economic data. Providing some modest support to Sterling is renewed optimism over the economic outlook for the UK. Deloitte released their quarterly poll of chief financial officers across the UK and found the...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Slips as UK Economy Stagnates

13 Apr 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Slips as UK Economy Stagnates

Pound Australian Dollar (GBP/AUD) Exchange Rate Slips as UK Economy Stagnates The Pound Australian Dollar (GBP/AUD) exchange rate weakened during Thursday’s session, as the UK’s economy was seen to have stagnated during February. Furthermore, upbeat labour market data in Australia increased rate hike bets amongst AUD investors,...

CATEGORIES: Pound Australian Dollar Forecasts

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