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Daily Exchange Rate Forecasts & Currency News

Australian Dollar Forecast Directory - Page #7

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

Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered as UK Recession Fears Weighed Heavy

19 Dec 2022 at 10 AM - Written by John Cameron

Pound (GBP) Under Pressure from Relentless Domestic Headwinds The Pound (GBP) struggled for much demand on Monday in the face of a quiet data calendar. Numerous economic challenges look set to keep a firm lid on Sterling gains as the cost-of-living crisis and industrial action weigh heavy. Retail analysts are warning of a subdued end...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Firmed as UK Economy Expands Better than Expected

12 Dec 2022 at 1 PM - Written by John Cameron

Pound (GBP) Rallied as GDP Grew 0.5% in October The Pound (GBP) found moderate success against many of its peers on Monday in the wake of better-than-expected GDP growth data. Against expectations of a 0.4% increase, the economy grew by 0.5% instead. Bouncing back from a poor September where the economy contracted by 0.6%, UK GDP...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Climbs in Risk-Off Trade

12 Dec 2022 at 12 PM - Written by John Cameron

GBP/AUD Exchange Rate Firms as Risk Sentiment Sours The Pound to Australian Dollar (GBP/AUD) exchange rate enjoyed tailwinds on Monday. A downbeat market mood kept the risk-sensitive ‘Aussie’ on the backfoot. At time of writing the GBP/AUD exchange rate traded at around AU$1.8130, roughly up 0.4% from Tuesday’s opening rate. ...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Falls amid UK Industrial Strike Action

8 Dec 2022 at 12 PM - Written by John Cameron

GBP/AUD Exchange Rate Undermined by UK Strike Concerns The Pound to Australian Dollar (GBP/AUD) exchange rate struggled on Thursday amid concerns ongoing rail strikes will severely impact UK economic activity over the holiday period. At time of writing the GBP/AUD exchange rate traded at around AU$1.8076, which was roughly down 0.4% from...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Climbed amid Volatile Market Conditions

7 Dec 2022 at 1 PM - Written by John Cameron

Pound (GBP) Surged Despite Tumbling House Prices The Pound (GBP) found renewed strength against the riskier currencies on Wednesday despite the housing market remaining in disarray after house prices tumbled at the biggest rate since 2008. A turbulent market mood provided choppy conditions for the Pound, but improved energy security...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Ticks Down as RBA Promises Further Rate Hikes

6 Dec 2022 at 12 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Ticks Down as RBA Promises Further Tightening The Pound Australian Dollar (GBP/AUD) exchange rate ticked down on Tuesday, as the Reserve Bank of Australia (RBA) promised further rate hikes. At the time of writing, GBP/AUD traded at around AU$1.8155, showing a slight downtick from...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Drops as ‘Aussie’ Enjoys Risk-On Flows

5 Dec 2022 at 12 PM - Written by John Cameron

GBP/AUD Exchange Rate Falls as Risk Sentiment Improves The Pound to Australian Dollar (GBP/AUD) exchange rate weakened on Monday as news from China triggered an improvement in risk appetite. At the time of writing, the GBP/AUD exchange rate traded at around AU$1.8040, down roughly 0.2% from Monday’s opening levels. Australian...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Climbed amid Market Unease as Mass Protests Rock China

28 Nov 2022 at 11 AM - Written by John Cameron

Australian Dollar (AUD) Undermined by Souring Global Market Sentiment The Australian Dollar (AUD) tumbled on a gloomy market sentiment amid escalating protests in China. China’s National Health Commission on Sunday reported 40,347 new Covid infections, a fifth consecutive day of rising cases. Further disruptions to the world’s...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Firms as BoE Indicates Further Rate Hikes

24 Nov 2022 at 11 AM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Strengthens as BoE’s Huw Pill Indicates Further Rate Hikes The Pound Australian Dollar (GBP/AUD) exchange rate has firmed on Thursday, as the Bank of England’s Chief Economist Huw Pill signalled further interest rate hikes were to come. This saw the GBP/AUD exchange rate trade at...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Strengthened Despite Downbeat UK PMI Data

23 Nov 2022 at 5 PM - Written by John Cameron

Pound (GBP) Climbed Despite PMI Data Highlighting a Shrinking Economy The Pound (GBP) enjoyed moderate success against most of its rivals on Wednesday in the wake of slightly better-than-expected PMI data. Even though the manufacturing sector beat forecasts, the industry remains in contraction as manufacturing PMI declines for the...

CATEGORIES: Pound Australian Dollar Forecasts