Pound Australian Dollar forecast page 14 - GBP AUD

GBP/AUD Stumbles as Chinese PMI Services Print Higher-Than-Expected The Pound Australian Dollar (GBP/AUD) exchange rate is slipping today after China saw services PMI print marginally higher than forecast. At the time of writing, the GBP/AUD exchange rate is trading at approximately AU$1.9066, approximately down by 0.3% from today’s...

Pound Australian Dollar (GBP/AUD) Exchange Rate Climbs ahead of BoE Rate Meeting The Pound Australian Dollar (GBP/AUD) exchange rate fell overnight following the Reserve Bank of Australia’s (RBA) interest rate decision, but has continued to climb today as expectations of a rate hike by the Bank of England (BoE) have boosted...

Pound Australian Dollar (GBP/AUD) Exchange Rate Trends Sideways as Markets Look to Safer Rivals The Pound Australian Dollar (GBP/AUD) exchange rate has trended sideways today as a risk-averse market mood places pressure on both currencies. A further rise to the Australian rate of inflation may have also pushed the Australian Dollar...

GBP/AUD Mixed as UK Inflation Reaches New Heights The Pound Australian Dollar (GBP/AUD) exchange rate is muted in the beginning of today’s session as UK inflation exceeds market forecasts. At the time of writing, the GBP/AUD exchange rate is trading at approximately AU$1.8896, with minimal market movement from today’s opening...

GBP/AUD Stumbles Despite Slowdown in Chinese GDP The Pound Australian Dollar (GBP/AUD) exchange rate is losing ground at the beginning of today’s session in spite of disappointing Chinese GDP figures. The Australian Dollar has received support from a risk-on mood fuelled by the People’s Bank of China (PBOC) lowering interest rates...

GBP/AUD Drops as Coronavirus Anxieties Ease The Pound Australian Dollar (GBP/AUD) exchange rate is falling at the beginning of today’s session in response as easing Covid concerns fosters a risk-on mood. At the time of writing, the GBP/AUD exchange rate is trading at approximately AU$1.8873, down roughly by 0.2%. Pound (GBP)...

GBP/AUD Muted as Covid-19 Concerns Prevail The Pound to Australian Dollar (GBP/AUD) exchange rate is trading in a narrow range in the beginning of today’s session despite a risk-on mood amid thin post-Christmas trade and rising Covid-19 cases. At the time of writing, the GBP/AUD exchange rate is trading at approximately AU$1.8585 with...

GBP/AUD Muted in Spite of Omicron Concerns Fading The Pound to Australian Dollar (GBP/AUD) exchange rate is trading in a narrow range at the beginning of today’s session despite anxieties surrounding the Omicron strain dwindling. At the time of writing, the GBP/AUD exchange rate is trading at approximately AU$1.8502 with market...

Pound Australian Dollar (GBP/AUD) Exchange Rate Attempts to Regain Losses As UK Government Unveils Plan B Restrictions The Pound Australian Dollar (GBP/AUD) Exchange Rate fell to its lowest point in three weeks overnight, after the UK government announced its raft of ‘Plan B’ restrictions in order to combat the Omicron variant. The...

GBP/AUD Firms amid Risk-Off Trade The Pound to Australian Dollar (GBP/AUD) exchange rate is strengthening on Friday as the Omicron coronavirus variant continues to dampen market mood. At the time of writing, the GBP/AUD exchange rate is trading at $1.8838 with a market movement of 0.4%. Australian Dollar (AUD) Subdued amid...