Dollar Pound forecast page 19 - USD GBP

GBP/AUD Exchange Rate Rises as Australian Economic Outlook Darkens The Pound Australian Dollar (GBP/AUD) exchange rate rose by 0.8% today after Australian Prime Minister Scott Morrison announced a $17 billion coronavirus stimulus package to aid Australia’s struggling economy. This left the pairing trading around AU$1.995. The Australian...

GBP/USD Exchange Rate Rangebound, UK Receives ‘Largest Fiscal Boost in Decades’ The Pound US Dollar (GBP/USD) exchange rate held steady today after Rishi Sunak, the newly-appointed Chancellor of the Exchequer, released the Spring Budget for the next five years. Sarah Carlson, a Senior Vice President at Moody’s, was upbeat about the...

GBP/AUD Exchange Rate Falls, ‘Aussie’ Benefits from Improving Risk Sentiment The Pound Australian Dollar (GBP/AUD) exchange rate fell by -0.4% today, with the pairing currently fluctuating around AU$1.939 after Australia’s growth report for the fourth-quarter beat forecasts and rose by 0.5%, while the year-on-year figure edged higher...

GBP/AUD Exchange Rate Sinks as UK Economic Outlook Darkens The Pound Australian Dollar (GBP/AUD) exchange rate fell by -0.8%, with the pairing currently fluctuating around AU$1.931 after odds of a rate cut from the Bank of England (BoE) have risen following on from the US Federal Reserve’s emergency rate decision this afternoon. Neil...

GBP/AUD Exchange Rate Rises by 1% as Coronavirus Fears Weaken Australian Dollar The Pound Australian Dollar (GBP/AUD) exchange rate soared by 1% today, with the pairing currently trading around AU$1.978 as the risk-sensitive ‘Aussie’ continues to struggle over fears of the coronavirus (Covid-19) weakening the global economy. The...

GBP/AUD Exchange Rate Edges Higher as RBA Rate Cut Odds Rise The Pound Australian Dollar (GBP/AUD) exchange rate rose by 0.7% today, with the pairing currently trading around AU$1.948 after Australia’s unemployment shot up to 5.3% in January, leaving ‘Aussie’ investors jittery on the prospect of another interest rate cut from the...

GBP/CAD Exchange Rate Sinks as ‘Loonie’ Rises on Lull in Coronavirus Fears The Pound Canadian Dollar (GBP/CAD) exchange rate dipped by -0.3%, with the pairing currently trading around CA$1.716 after Canada’s inflation report for January beat forecasts and rose from 0% to 0.3%, while the year-on-year figure also increased by...

GBP/CAD Exchange Rate Falls as Risk Appetite Returns for Canadian Dollar The Pound Canadian Dollar (GBP/CAD) exchange rate fell by -0.5% today, with the pairing currently trading around CA$1.720 as increasingly muted fears over China’s coronavirus outbreak has strengthened oil prices and boosted the risk-sensitive ‘Loonie’. Ray...

GBP/CAD Exchange Rate Eases as Market Risk Appetite Returns for Canadian Dollar The Pound Canadian Dollar (GBP/CAD) exchange rate fell by -0.4% today, with the pairing currently trading around CA$1.723 in spite of the International Energy Agency’s (IEA) warning that the coronavirus could see oil demand fall. The oil-sensitive Canadian...

GBP/AUD Exchange Rate Edges Higher as Coronavirus Dampens Market Risk Appetite The Pound Australian Dollar (GBP/AUD) exchange rate rose by 0.3% today, with the pairing currently trading around AU$1.937 after Australia’s consumer inflation expectations report for February fell below forecasts from 4.7% to 4%. The Australian Dollar’s...