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Pound Australian Dollar forecast page 21 - GBP USD

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

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GBP/AUD Drops after Mixed BoE Testimony

22 May 2018 at 1 PM - Written by Tim Boyer

STORY LINK GBP/AUD Drops after Mixed BoE Testimony

Monday saw the Pound to Australian Dollar exchange rate open trading in the region of 1.7911 and close lower around 1.7714. The losses in the GBP/AUD exchange rate were mainly caused by news that the UK will eventually leave the EU customs union, regardless of other agreements. Last week brought news of an apparent breakthrough, when it...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Hammered as US-China Trade Relations Improve

21 May 2018 at 4 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Hammered as US-China Trade Relations Improve

Brexit Negotiations Leave Pound (GBP) Exchange Rates on the Back Foot The Pound (GBP) exchange rates tumbled into Monday’s trading session, paring recent gains against the Australian Dollar (AUD) as investors reacted to news that US-China trade relations are beginning to ease. On the Brexit front, investor anxiety is still rather high...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/AUD Exchange Rate Drops as Theresa May Rejects Post-Brexit Customs Union

17 May 2018 at 4 PM - Written by Ben Hughes

STORY LINK GBP/AUD Exchange Rate Drops as Theresa May Rejects Post-Brexit Customs Union

Yesterday saw the Pound open trading against the Australian Sollar in the region of 1.8078 and close down lower around 1.8016. This slide in value came after Bank of England (BoE) Deputy Governor Ben Broadbent gave a negative assessment of the UK economy. Mr Broadbent was particularly critical of UK productivity levels, which have...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/AUD Exchange Rate Advances Today ahead of Forecast Bank of England (BoE) Interest Rate Freeze

9 May 2018 at 4 PM - Written by Toni Johnson

STORY LINK GBP/AUD Exchange Rate Advances Today ahead of Forecast Bank of England (BoE) Interest Rate Freeze

On Tuesday’s trading session, the Pound to Australian Dollar exchange rate opened in the region of 1.8037 and closed higher around 1.8194. This appreciation was partly down to hopes for a possible softening of the final Brexit deal, as well as a mixed reaction to the 2018 Australian Federal Budget. In the former case, Sterling...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Falls on Dovish BoE Expectations

4 May 2018 at 4 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Falls on Dovish BoE Expectations

NIESR Downgrades UK Economic Growth Forecasts – Pound (GBP) Exchange Rates Fall The Pound to Australian Dollar (GBP/AUD) exchange rate tumbled on Friday as markets responded to news that a major economic think-tank downgraded its growth forecasts for 2018. The National Institute for Economic and Social Research (NIESR) has announced...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/AUD Exchange Rate Drops -0.4% after Services Sector Data Misses Forecasts

3 May 2018 at 3 PM - Written by James Fuller

STORY LINK GBP/AUD Exchange Rate Drops -0.4% after Services Sector Data Misses Forecasts

During 2nd May’s trading session, the Pound to Australian Dollar exchange rate opened in the region of 1.8189 but closed down slightly lower around 1.8128. This decline was caused by a cautious reception to news of above-forecast UK construction sector growth in April. Despite the construction PMI rising by more than expected, the...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/AUD Exchange Rate Steady despite Above-Forecast UK Construction Sector Growth

2 May 2018 at 1 PM - Written by Toni Johnson

STORY LINK GBP/AUD Exchange Rate Steady despite Above-Forecast UK Construction Sector Growth

On 1st May, the Pound to Australian Dollar exchange rate opened trading in the region of 1.8284 but closed down lower around 1.8188. This deterioration was caused by a disappointing manufacturing PMI reading for April, which showed a greater than expected slowdown in activity. The result was especially worrying for Pound traders as...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/AUD Exchange Rate Drops -0.8% after Gloomy UK GDP Growth Forecast

27 Apr 2018 at 12 PM - Written by Toni Johnson

STORY LINK GBP/AUD Exchange Rate Drops -0.8% after Gloomy UK GDP Growth Forecast

On Thursday’s trading session, the Pound to Australian Dollar exchange rate opened in the region of 1.8414 and closed marginally higher around 1.8419. This minor advance in the GBP/EUR exchange rate came as MPs met in the House of Commons to discuss UK membership of the EU customs union. The debate ended with a majority of MPs backing...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to AUD Exchange Rate Holds Near Weekly Highs as Risk-Sentiment Remains Low

26 Apr 2018 at 12 PM - Written by Minesh Chaudhari

STORY LINK GBP to AUD Exchange Rate Holds Near Weekly Highs as Risk-Sentiment Remains Low

Despite a lack of supportive factors in Pound trade and market anticipation for Friday’s UK growth projections, the British Pound to Australian Dollar (GBP/AUD) exchange rate has advanced this week due to market risk-version weighing on the Australian Dollar. A drop in Bank of England (BoE) interest rate hike bets caused GBP/AUD to slip...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Climbs as UK Borrowing Hits 11-Month Low

24 Apr 2018 at 4 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Climbs as UK Borrowing Hits 11-Month Low

Sterling (GBP) Exchange Rates UP as UK Government Borrowing Hits Lowest Point in Over a Decade The Pound to Australian Dollar (GBP/AUD) exchange rate climbed on Tuesday, supported by news that UK government borrowing plummeted to its lowest point in over 11 months and a below-forecast Australian inflation print. According to the Office...

CATEGORIES: Pound Australian Dollar Forecasts

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