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Daily Exchange Rate Forecasts & Currency News

Australian Dollar Forecast Directory - Page #5

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

Title: Pound Australian Dollar Exchange Rate News: GBP/AUD Strengthened after UK Economy Rebounds

10 Mar 2023 at 4 PM - Written by John Cameron

Pound (GBP) Buoyed by Rebounding UK Economy The Pound (GBP) surged on a better-than-expected economic recovery in January. Despite a marginal improvement over an expected 0.1% increase, GDP expanded by 0.3% after a woeful 0.5% contraction in December. The cost-of-living crisis and industrial action weighed heavily in December, and the...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Rallies as Investors Buy the Dip

9 Mar 2023 at 2 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Narrows as Investors Buy the Dip The Pound Australian Dollar (GBP/AUD) exchange rate narrowed on Thursday, as investors moved to invest in more risk sensitive currencies. At the time of writing, GBP/AUD traded at around AU$1.7988, showing little movement from Thursday’s opening...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered on Dovish RBA Warning of Rate Hike Pauses

8 Mar 2023 at 2 PM - Written by John Cameron

Australian Dollar (AUD) Softened on Dovish RBA Rate Hike Expectations The Australian Dollar (AUD) struggled for demand on Wednesday as the Reserve Bank of Australia (RBA) conceded that it was now closer to pausing its aggressive cycle of interest rate increases. In a speech in Sydney, RBA Governor Philip Lowe poured cold water on any...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Surged as RBA Claims Inflation has Peaked

7 Mar 2023 at 11 AM - Written by John Cameron

Australian Dollar (AUD) Slipped on Reduced Future Rate Hike Bets The Australian Dollar (AUD) tumbled overnight as the Reserve Bank of Australia (RBA) delivered a dovish rate hike. Despite meeting expectations of a 25bps rate hike, and a record 10th consecutive time, the accompanying statement sapped demand. With the cash rate now...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Climbed amid Cautious Chinese Economic Targets

6 Mar 2023 at 1 PM - Written by John Cameron

Australian Dollar (AUD) Quiet ahead of RBA Rate Decision The Australian Dollar (AUD) came under renewed pressure on Monday in the wake of China’s modest GDP growth targets. The world’s second largest economy outlined their less-than-ambitious economic targets for the year, with China targeting a 5% growth. Lower than market...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Gains as Markets Cheer UK-EU NI Deal

28 Feb 2023 at 11 AM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Climbs amid Risk-Off Mood The Pound Australian Dollar (GBP/AUD) exchange rate made steady gains on Tuesday. An upbeat mood surrounding the UK-EU trade deal boosted the pairing. Additionally, Bank of England (BoE) rate hike bets pushed the exchange rate higher. Finally, a retreat in...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Rallied as Post-Brexit Deal Nears Completion

27 Feb 2023 at 12 PM - Written by John Cameron

Pound (GBP) Bolstered by Post-Brexit Deal Optimism The Pound (GBP) saw impressive gains on Monday morning as reports circulated that Prime Minister Rishi Sunak and European Commission President Ursula von der Leyen are expected to unveil the Northern Ireland protocol deal late Monday afternoon. Meeting in Windsor in the early afternoon,...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Surged on Souring Market Mood

24 Feb 2023 at 3 PM - Written by John Cameron

Australian Dollar (AUD) Plunged on Waning Market Mood The Australian Dollar (AUD) came under heavy selling pressure on Friday in the wake of a myriad of headwinds. Both geopolitical and economic fears heightened, dragging the risk-sensitive ‘Aussie’ with it. With the latest core PCE inflation reading in the US bolstering further...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Lags despite Hawkish BoE Speech

23 Feb 2023 at 2 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Lags despite Hawkish BoE Speech The Pound Australian Dollar (GBP/AUD) exchange rate narrowed on Thursday, as hawkish remarks from the Bank of England (BoE) failed to lift Sterling. At the time of writing, GBP/AUD traded around AU$1.7663, showing little movement from Thursday’s opening...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/AUD News: Pound Australian Dollar Exchange Rate Stumbles as Risk-On Mood Lifts the ‘Aussie’

16 Feb 2023 at 3 PM - Written by John Cameron

After volatile trade overnight, the Pound Australian Dollar (GBP/AUD) exchange rate slipped lower on Thursday morning amid an upbeat market mood. At the time of writing, GBP/AUD was trading at around AU$1.7409, having briefly touched a high of AU$1.7493 overnight. Australian Dollar (AUD) Firms amid Risk-On Mood, despite Jobs Data...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts