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Pound Australian Dollar forecast page 8 - 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 Plummets amid Hawkish RBA Rhetoric

4 Nov 2022 at 3 PM - Written by John Cameron

GBP/AUD Exchange Rate Cascades Downward in Wake of RBA Statement The Pound to Australian Dollar (GBP/AUD) exchange rate tumbled on Friday in response to the Reserve Bank of Australia’s (RBA) quarterly monetary policy statement. At time of writing the GBP/AUD exchange rate traded at around AU$1.7506, which was roughly down 1.5% from...

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Pound Australian Dollar Exchange Rate News: GBP/AUD Muted in Wake of RBA Interest Rate Hike

1 Nov 2022 at 12 PM - Written by John Cameron

GBP/AUD Exchange Rate Range Bound amid Lukewarm Market Mood The Pound to Australian Dollar (GBP/AUD) exchange rate was trading in a narrow range on Tuesday as the ‘Aussie’ shed its overnight gains. At time of writing the GBP/USD exchange rate traded at around AU$1.7895, which was roughly unchanged from Tuesday’s opening...

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Pound Australian Dollar (GBP/AUD) Exchange Rate Rangebound as China’s Covid-19 Cases Surge

27 Oct 2022 at 11 AM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Trades Narrowly amid Risk-On Mood The Pound Australian Dollar (GBP/AUD) exchange rate trended sideways on Thursday. A risk-on market mood kept gains for the currency pair limited. Additionally, concerns regarding the delay of the UK’s budget statement also kept GBP/AUD subdued. On...

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Pound Australian Dollar (GBP/AUD) Exchange Rate Strengthens as Sunak Becomes Prime Minister

25 Oct 2022 at 2 PM - Written by John Cameron

Pound Australian Dollar Exchange Rate Strengthens as Sunak is Appointed UK Prime Minister The Pound Australian Dollar (GBP/AUD) exchange rate strengthened on Tuesday following Rishi Sunak’s appointment as Prime Minister of the UK. The news prompted GBP/AUD to trade at around AU$1.7959, an increase of roughly 0.5% from Tuesday’s...

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Pound Australian Dollar Exchange Rate News: GBP/AUD Soars on Hopes New UK PM Could be Stabilising Influence

24 Oct 2022 at 1 PM - Written by John Cameron

Title: Pound Australian Dollar Exchange Rate News: GBP/AUD Soars on Hopes New UK PM Could be Stabilising Influence Alias: GBP/AUD exchange rate climbs as Sunak is likely to become next UK Prime Minister Description: The Pound jumps up against the Australian Dollar as Sunak pulls ahead in leadership race. Keywords: Pound, GBP,...

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Pound Australian Dollar (GBP/AUD) Exchange Rate Slips amid Poor UK Retail Data

21 Oct 2022 at 12 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Plummets amid Poor UK Retail Data Friday saw the Pound (GBP) weaken against the Australian Dollar (AUD) as September’s UK retail sales data showed a second month of decline. This saw the GBP/AUD exchange rate trade at around AU$1.7789, showing a rough decline of around 0.6%. Pound...

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Pound Australian Dollar Exchange Rate News: GBP/AUD Drops as UK Inflation Hits 10.1%

19 Oct 2022 at 11 AM - Written by John Cameron

GBP/AUD Exchange Rate Slips as UK inflation Hits 40-Year High The Pound to Australian Dollar (GBP/AUD) exchange rate was struggling for support on Wednesday as UK inflation figures printed hotter-than-expected. At time of writing the GBP/AUD exchange rate traded around $1.7883, which was down roughly 0.4% from Wednesday’s opening...

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Pound Australian Dollar (GBP/AUD) Exchange Rate Drops as UK Political Volatility Continues

18 Oct 2022 at 11 AM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Falls amid UK Political Uncertainty The Pound (GBP) saw a drop against the Australian Dollar (AUD) on Tuesday, as UK governmental volatility undermines the pairing. This saw the GBP/AUD exchange rate dip to around AU$1.7970, showing a fall of roughly 0.3% Pound (GBP) Cracks as...

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Pound Australian Dollar (GBP/AUD) Exchange Rate Drops amid Speculation of Mini-Budget U-Turns

14 Oct 2022 at 12 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Slips as Markets Cool as U-Turn Rumours Swirl The Pound Australian Dollar (GBP/AUD) exchange rate slipped on Friday, as investors held back while waiting on an anticipated U-turn from the UK government regarding their ‘controversial’ mini-budget. The GBP/AUD exchange rate traded at...

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Pound Australian Dollar Exchange Rate News: GBP/AUD Traded Erratically on UK’s Economic Instability

11 Oct 2022 at 2 PM - Written by John Cameron

Pound (GBP) Muted amid Unconvincing ‘Trussonomics’ The Pound (GBP) failed to muster up much support on Tuesday amid turbulent trading conditions. The Bank of England (BoE) opted to intervene for the second time this week as pension funds call for further assistance. After the mini-budget market meltdown that saw the central bank...

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