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Daily Exchange Rate Forecasts & Currency News

Australian Dollar Forecast Directory - Page #6

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

Pound Australian Dollar (GBP/AUD) Exchange Rate Narrows as BoE Reiterates Need to Cut Inflation

9 Feb 2023 at 12 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Narrows as BoE Reiterates Need to Cut Inflation The Pound Australian Dollar (GBP/AUD) narrowed on Thursday morning, as the Bank of England (BoE) Governor Andrew Bailey reiterated the need to curb inflation. At the time of writing, GBP/AUD traded at around AU$1.7391, showing little...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Climbs amid Optimistic Forecasts for UK Economy

8 Feb 2023 at 12 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Bolstered by Optimistic UK Forecasts The Pound Australian Dollar (GBP/AUD) exchange rate rose on Wednesday. The pairing found support from upbeat forecasts for the UK economy, as well as some hawkish comments from Bank of England (BoE) policymakers. A return of global risk appetite...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Slips amid Signs of Improvement in Chinese Economy

1 Feb 2023 at 4 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Falls Despite Cautious Market Mood The Pound Australian Dollar (GBP/AUD) exchange rate fell on Wednesday. Signs of poor performance in the UK’s manufacturing sector pushed the pairing lower. Additionally, signs of improvement in China’s economy also prompted losses in...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Slumps amid Further Evidence of UK Retail Downturn

26 Jan 2023 at 12 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Slides after UK Retail Data The Pound Australian Dollar (GBP/AUD) exchange rate slipped on Thursday. The pairing came under pressure after the latest UK retail data pointed to a sharp drop in January’s sales volumes. Additionally, the GBP/AUD exchange was pushed lower by market bets...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Falls as RBA Rate Hike Bets Increase

23 Jan 2023 at 1 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Slides as AUD Investors Anticipate CPI Data The Pound Australian Dollar (GBP/AUD) exchange rate fell on Monday, as AUD investors began to anticipate Australia’s latest CPI data. At the time of writing, GBP/AUD traded at around AU$1.7682, a decline of roughly 0.6% from Monday’s...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Strengthens as Australian Labour Marker Cools

19 Jan 2023 at 11 AM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Rises as Australian Labour Marker Softens The Pound Australian Dollar (GBP/AUD) exchange rate strengthened on Thursday, as the Australian labour market showed signs of cooling. This in turn prompted investors to drastically scale back their bets for further rate hikes, causing AUD to...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Weakens as UK Labour Market Cools

12 Jan 2023 at 3 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Weakens as UK Labour Market Shows Signs of Cooling The Pound Australian Dollar (GBP/AUD) exchange rate weakened on Thursday, as the UK’s labour market showed signs of beginning to cool down. At the time of writing, GBP/AUD traded at around AU$1.7515, a decline of roughly 0.5% from...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Weakens as UK Economic Anxieties Intensify

11 Jan 2023 at 11 AM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Stumbles as UK Economic Anxieties Flare The Pound Australian Dollar (GBP/AUD) exchange rate fell on Wednesday, as economic anxieties in the UK continued to flare. At the time of writing, GBP/AUD traded at around AU$1.7579, a fall of 0.3% from Wednesday’s opening rates. Pound (GBP)...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Traded Erratically as UK Service Sector Contracts Again

5 Jan 2023 at 11 AM - Written by John Cameron

Pound (GBP) Undermined by Downbeat Economic Climate The Pound (GBP) struggled for demand this morning in the face of mounting industrial action and its impact on the economy, compounded by a revised lower services PMI. Sterling has spent most of the new year so far failing to muster much strength as a myriad of issues weigh on both the...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Strengthened Despite Souring Global Economic Fears

3 Jan 2023 at 1 PM - Written by John Cameron

Pound (GBP) Rallied Despite Persistent Domestic Headwinds The Pound (GBP) found some moderate strength against its weaker and more risk-sensitive rivals on Tuesday despite mounting economic concerns for the UK. The International Monetary Fund (IMF) presented a stark warning for the global economy, and economists have expressed grave...

CATEGORIES: Pound Australian Dollar Forecasts