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Pound Australian Dollar Forecast Directory - Page #51

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

GBP to AUD Exchange Rate Climbs on Analyst Forecasts for Iron Ore and ?Aussie?

8 Jan 2018 at 5 PM - Written by Toni Johnson

Despite UK political uncertainty and a lack of strong UK ecostats in recent sessions, the British Pound to Australian Dollar exchange rate advanced on Monday, regaining most of last week’s losses due to market concerns that the Australian Dollar may be in for a relatively flat 2018. After opening last week at the level of 1.7280, GBP/AUD...

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GBP/USD Exchange Rate Drops as Cabinet Reshuffle Continues

8 Jan 2018 at 1 PM - Written by Frank Davies

Over the previous week, the Pound to US Dollar exchange rate ultimately rose, following a mixed set of UK data releases. The GBP/USD exchange rate opened in the region of 1.3498 on Monday, later closing higher around 1.3568 on Friday evening. Initial weekly news consisted of manufacturing and construction sector PMIs, which showed...

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GBP to AUD Exchange Rate Fails to Recover Despite Unexpected Australian Trade Deficit

5 Jan 2018 at 11 AM - Written by Frank Davies

Despite this week’s UK services stats beating expectations and an unexpected Australian trade deficit weighing on the ‘Aussie’, the British Pound to Australian Dollar exchange rate continued to fluctuate near its weekly lows on Friday. The Australian Dollar has been supported by risk-sentiment. After opening this week at the level of...

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GBP AUD Exchange Rate Slips on Faltering UK Consumer Confidence

21 Dec 2017 at 2 PM - Written by Ben Hughes

An unexpected dip in December’s GfK consumer confidence index saw the Pound Australian Dollar exchange rate struggling to gain any real traction. Investors were not encouraged to find that the index had slipped from -12 to -13, indicating that consumers are ending the year on a more negative note. This continued decline is largely...

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GBP AUD Exchange Rate Strengthens as CBI Factory Orders Hold Steady

18 Dec 2017 at 3 PM - Written by John Cameron

The Pound Australian Dollar (GBP AUD) exchange rate is rallying this morning as the Confederation for British Industry’s monthly industrial orders beat expectations this morning. Pound (GBP) Bolstered by CBI Factory Figures The Pound was strengthened this morning as the data revealed that UK factory orders beat expectations in...

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GBP AUD Exchange Rate Rally Cut Short by BoE Rate Decision

14 Dec 2017 at 2 PM - Written by John Cameron

The Pound Australian Dollar (GBP AUD) exchange rate retreated from its early gains this morning as investors reacted to the Bank of England’s (BoE) latest rate decision. Pound (GBP) Weakened by BoE Caution After initially strengthening this morning following a surprise surge in domestic retail sales in November the Pound was forced...

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GBP/AUD Sinks Even as UK Wage Uptick Boosts Pound Elsewhere

13 Dec 2017 at 3 PM - Written by Toni Johnson

The Pound Sterling to Australian Dollar exchange rate continues to decline today, despite strength for GBP elsewhere. The GBP/AUD exchange rate is down 0.3% to 1.7577 as the Australian Dollar rises on the back of strong consumer confidence figures and weak demand for the safe-haven US Dollar. GBP Falls even as UK Wage Growth Uptick...

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Little Turbulence from Budget Leaves GBP/AUD Inching Higher on FOMC Minutes Approach

22 Nov 2017 at 4 PM - Written by Toni Johnson

The British Pound to Australian Dollar exchange rate is climbing this afternoon, although today’s delivery of the Autumn Budget by Chancellor of the Exchequer Philip Hammond has done nothing to provide further support for Sterling. The GBP/AUD exchange rate was up 0.3% to 1.7509 at the time of writing. Middle of the Road Budget from...

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GBP to AUD Exchange Rate Continues to Climb on Fresh Brexit Hopes

20 Nov 2017 at 1 PM - Written by Minesh Chaudhari

Despite some underwhelming UK inflation and job market data last week, the British Pound to Australian Dollar exchange rate was able to advance as investors lost appetite for risky currencies like the ‘Aussie’. Sterling continued to firm on Monday amid fresh hopes for progress in Brexit talks. Last week saw the GBP/AUD exchange rate...

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Higher UK GDP Growth Triggers Pound to Australian Dollar Rally

25 Oct 2017 at 11 AM - Written by David Woodsmith

On Tuesday’s trading session, the Pound made a minor decline against the Australian Dollar. GBP opened trading in the region of 1.6902, later closing lower at 1.6888. UK GDP Growth Ticks Up, Sending Pound Soaring The Pound has been strongly supported by UK domestic data today, although it has not been especially impressive in the...

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