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Pound Australian Dollar forecast page 7 - GBP AUD

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

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Pound Australian Dollar Exchange Rate News: GBP/AUD Climbed amid Market Unease as Mass Protests Rock China

28 Nov 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Climbed amid Market Unease as Mass Protests Rock China

Australian Dollar (AUD) Undermined by Souring Global Market Sentiment The Australian Dollar (AUD) tumbled on a gloomy market sentiment amid escalating protests in China. China’s National Health Commission on Sunday reported 40,347 new Covid infections, a fifth consecutive day of rising cases. Further disruptions to the world’s...

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Pound Australian Dollar (GBP/AUD) Exchange Rate Firms as BoE Indicates Further Rate Hikes

24 Nov 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Firms as BoE Indicates Further Rate Hikes

Pound Australian Dollar (GBP/AUD) Exchange Rate Strengthens as BoE’s Huw Pill Indicates Further Rate Hikes The Pound Australian Dollar (GBP/AUD) exchange rate has firmed on Thursday, as the Bank of England’s Chief Economist Huw Pill signalled further interest rate hikes were to come. This saw the GBP/AUD exchange rate trade at...

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Pound Australian Dollar Exchange Rate News: GBP/AUD Strengthened Despite Downbeat UK PMI Data

23 Nov 2022 at 5 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Strengthened Despite Downbeat UK PMI Data

Pound (GBP) Climbed Despite PMI Data Highlighting a Shrinking Economy The Pound (GBP) enjoyed moderate success against most of its rivals on Wednesday in the wake of slightly better-than-expected PMI data. Even though the manufacturing sector beat forecasts, the industry remains in contraction as manufacturing PMI declines for the...

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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

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered on Dire UK Economic Growth Concerns

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...

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

15 Nov 2022 at 11 AM - Written by John Cameron

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

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)...

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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

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

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...

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

11 Nov 2022 at 12 PM - Written by John Cameron

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

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...

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

10 Nov 2022 at 11 AM - Written by John Cameron

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

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...

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

8 Nov 2022 at 1 PM - Written by John Cameron

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

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...

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

7 Nov 2022 at 11 AM - Written by John Cameron

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

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)...

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