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Daily Exchange Rate Forecasts & Currency News

Australian Dollar Forecast Directory - Page #8

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 on Dire UK Economic Growth Concerns

21 Nov 2022 at 11 AM - Written by John Cameron

Pound (GBP) Quiet as Concerns Grow of Economic Growth The Pound (GBP) remained under pressure this morning amid a lack of major data. In the wake of Chancellor Jeremy Hunt outlining his autumn statement, experts are concerned with his growth plans. Despite GBP investors buoyed by an apparent return to fiscal responsibility with a myriad...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Muted Despite Risk on Mood

15 Nov 2022 at 11 AM - Written by John Cameron

GBP/AUD Exchange Rate Stalls amid Market Sentiment Shift The Pound to Australian Dollar (GBP/AUD) exchange rate was muted on Tuesday, despite an uptick in risk appetite. At time of writing the GBP/AUD exchange rate traded at around AU$1.7583, which was virtually unchanged from Tuesday’s opening levels. Australian Dollar (AUD)...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered ahead of Crucial Week for Key UK Data

14 Nov 2022 at 1 PM - Written by John Cameron

Pound (GBP) Quiet ahead of Autumn Statement The Pound (GBP) remained relatively muted on Monday morning as investors await a busy week of macro data. With inflation reading, employment data, and the autumn statement all coming up, Sterling faces a tumultuous week. A lack of major data to start the week off left the Pound open to...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Drops as UK Economy Contracts

11 Nov 2022 at 12 PM - Written by John Cameron

GBP/EUR Exchange Rate Weakens amid UK’s Gloomy Economic Outlook The Pound to Euro (GBP/EUR) exchange rate fell on Friday, weighed down by the UK’s quarterly GDP report. At time of writing the GBP/EUR exchange rate traded at around €1.1433, which was roughly down 0.3% from Friday’s opening rate. Pound (GBP) Dragged Down by...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Propped up British-Irish Summit Meeting

10 Nov 2022 at 11 AM - Written by John Cameron

GBP/AUD Exchange Rate Strengthens amid Brexit Hops The Pound to Australian Dollar (GBP/AUD) exchange rate firmed on Thursday amid hopes UK Prime Minister Rishi Sunak attendance of the British-Irish summit could help to ease Brexit tensions. At time of writing the GBP/AUD exchange rate traded at around AU$1.7799, which was up roughly...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Slides as UK Recession Confirmed

8 Nov 2022 at 1 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Drops as BoE Confirms UK Recession. The Pound Australian Dollar (GBP/AUD) exchange rate dropped sharply on Tuesday, as Bank of England (BoE) confirmed that the UK had entered a recession. The gloomy news prompted GBP/AUD to fall to around AU$1.7665 at the time of writing, a drop of...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Recovers from Post-BoE Lows

7 Nov 2022 at 11 AM - Written by John Cameron

GBP/AUD Exchange Rate Soars as Investors Adjust for a Fresh Week The Pound to Australian Dollar (GBP/AUD) exchange rate was strengthening on Monday as investors rushed to reinvest in the Pound (GBP). At time of writing the GBP/AUD exchange rate traded at around $1.7703, up roughly 0.7% from Monday’s opening levels. Pound (GBP)...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Plummets amid Hawkish RBA Rhetoric

4 Nov 2022 at 3 PM - Written by John Cameron

GBP/AUD Exchange Rate Cascades Downward in Wake of RBA Statement The Pound to Australian Dollar (GBP/AUD) exchange rate tumbled on Friday in response to the Reserve Bank of Australia’s (RBA) quarterly monetary policy statement. At time of writing the GBP/AUD exchange rate traded at around AU$1.7506, which was roughly down 1.5% from...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Muted in Wake of RBA Interest Rate Hike

1 Nov 2022 at 12 PM - Written by John Cameron

GBP/AUD Exchange Rate Range Bound amid Lukewarm Market Mood The Pound to Australian Dollar (GBP/AUD) exchange rate was trading in a narrow range on Tuesday as the ‘Aussie’ shed its overnight gains. At time of writing the GBP/USD exchange rate traded at around AU$1.7895, which was roughly unchanged from Tuesday’s opening...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Rangebound as China’s Covid-19 Cases Surge

27 Oct 2022 at 11 AM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Trades Narrowly amid Risk-On Mood The Pound Australian Dollar (GBP/AUD) exchange rate trended sideways on Thursday. A risk-on market mood kept gains for the currency pair limited. Additionally, concerns regarding the delay of the UK’s budget statement also kept GBP/AUD subdued. On...

CATEGORIES: Pound Australian Dollar Forecasts