Pound Australian Dollar forecast page 21 - GBP AUD

GBP/AUD Exchange Rate Heads Higher as Risk Sentiment Sours The Pound to Australian Dollar exchange rate rose by 0.6% today, with the pairing currently fluctuating around AU$1.78. The Australian Dollar is struggling ahead of the US Federal Reserve’s interest rate decision. As a result, demand for the risk-sensitive ‘Aussie’ has...

GBP to AUD Exchange Rate Steady as UK Shoppers Returned to High Streets in December The Pound to Australian Dollar exchange rate held steady today. The pairing is currently fluctuating around AU$1.76. Sterling rose against AUD today following the release of the latest UK inflation data for December, which jumped as shoppers returned to...

Sterling Struggles as Covid-19 Vaccine Supply Issues Dampen UK Market Mood The Pound to Australian Dollar (AUD) exchange rate held steady today, with the pairing currently trading around AU$1.76. Sterling struggled to rise against the ‘Aussie’ today despite news that London would begin trialling 24/7 Covid-19 vaccination centres....

The Pound to Australian Dollar (GBP/AUD) exchange rate has made modest gains this week as the Pound attempts to rebound against the Australian Dollar. The Pound Sterling’s gains, however, have been limited as better-than-expected, yet still disappointing, GDP data from the UK limits gains. At the time of writing on Friday afternoon,...

GBP/AUD Exchange Rate Firms as amidst Falling Odds of Negative Interest Rates The Pound (GBP) is ticking higher against the Australian Dolar (AUD) and the majority of its other peers this morning following comments from Bank of England (BoE) Governor Andrew Bailey regarding negative interest rates. There has been speculation in recent...

Narrowed Trade Surplus Fuels Pound Australian Dollar Exchange Rate Gains A sharper-than-expected narrowing of the Australian trade surplus encouraged the Pound to Australian Dollar (GBP/AUD) exchange rate to push higher. Although the trade balance remained in a state of surplus investors were still disappointed to see the figure narrow...

Covid-19 Vaccine Hopes Shore up Market Risk Appetite and Australian Dollar Market optimism over the potential approval of an additional Covid-19 vaccine in the UK helped to keep the Pound to Australian Dollar (GBP/AUD) exchange rate on the back foot. With AstraZeneca vaccine reportedly moving closer to approval for use in the UK markets...

GBP/AUD Exchange Rate Flat on Lingering Brexit Concerns Despite relief that the UK and EU finally managed to reach a post-Brexit trade deal last week, the Pound (GBP) is struggling to find support so far this week. This is in part due to the deal already being priced in, as in spite of the hard-fought negotiations and frequent...

GBP/AUD Exchange Rate Rangebound as Brexit Talks Make ‘Good Progress’, according to EU The Pound to Australian Dollar (GBP/AUD) exchange rate continues to trend higher today after the Bank of England (BoE) held interest rates at 0.1% despite an uncertain economic outlook. At the time of writing the GBP/AUD exchange rate is currently...

Higher No-Deal Brexit Odds Weigh Heavily on GBP/AUD Exchange Rate Resurgent fears over the odds of a no-deal Brexit drove the Pound Australian Dollar (GBP/AUD) exchange rate to its lowest level since January 2019. As European Commission president Ursula von der Leyen reported to EU leaders that a no-deal scenario now has a ‘higher...