Pound Australian Dollar forecast page 31 - GBP USD

Despite some weak Australian retail sales data at the beginning of the week, Australian Dollar investors were relieved by a fairly neutral tone from the Reserve Bank of Australia (RBA) today, knocking the British Pound to Australian Dollar (GBP/AUD) exchange rate down as the ‘Aussie’ advanced. The Pound’s movement has remained volatile...

GBP/AUD Exchange Rate Flat, Positive Inflation Tempers RBA Rate Cut Fears The Pound Australian Dollar (GBP/AUD) exchange rate held steady today, with the pairing currently trading around AU$1.875 after Australia’s inflation rate beat expectations and rose from 1.6% to 1.7% in the third-quarter and tempered fears that the Reserve Bank of...

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Muted as EU Offer UK a ‘Flextension’ The Pound Sterling Australian Dollar (GBP/AUD) exchange rate was left muted on Monday, with the pair currently trading at around AU$1.8836. At the end of last week, the European Union agreed to allow the UK to extend Article 50, preventing...

Pound Australian Dollar (GBP/AUD) Exchange Rate Slides as PM Braces for EU27’s Decision The Pound Australian Dollar (GBP/AUD) exchange rate was left edged down on Thursday afternoon, and the pairing is currently trading at around AU$1.8809. The pairing was left flat as Brexit uncertainty crept back up on the Pound and investors...

Pound Australian Dollar (GBP/AUD) Exchange Rate Slumps as PM Pushes for ‘Meaningful Vote’ The Pound Sterling Australian Dollar (GBP/AUD) exchange rate slumped on Monday and the pairing is currently trading around AU$1.8872. Sterling slumped at the start of the week against the risk-sensitive ‘Aussie’ after Downing Street said...

Pound Australian Dollar (GBP/AUD) Exchange Rate Left Muted Ahead of EU Crunch Summit The Pound Sterling Australian Dollar (GBP/AUD) exchange rate was left muted on Wednesday, and the pairing is currently trading at around AU$1.8924. The Pound was left flat against the Australian Dollar as traders nervously awaited last-ditch efforts...

Pound Australian Dollar (GBP/AUD) Exchange Rate Left Muted Ahead of Last-Minute UK-EU Talks The Pound Sterling Australian Dollar (GBP/AUD) exchange rate was left muted and the pairing is currently trading at around AU$1.8585. The Pound’s rally ran out of steam at the start of the week, after increased hopes the UK would leave the...

GBP/AUD Exchange Rate Skyrockets on Restored Brexit Deal Hopes The Pound Australian Dollar (GBP/AUD) exchange rate soared by 1.4% today, with the pairing currently trading around AU$1.863 after the EU27 gave the green light for UK-EU Brexit negotiations to enter the key ‘tunnel’ phase. This follows talks between Michel Barnier, the...

Pound Australian Dollar (GBP/AUD) Exchange Rate Jumps as EU Agree to ‘Intensify’ Brexit Discussions The Pound Sterling Australian Dollar (GBP/AUD) exchange rate soared and the pairing is currently trading at around AU$1.8626. Sterling was buoyed by Brexit optimism as European Council President Donald Tusk said that he had received...

Last week’s rise in Brexit hopes and Reserve Bank of Australia (RBA) interest rate cut bets don’t seem to have helped the British Pound to Australian Dollar (GBP/AUD) exchange rate to sustain much of a recovery, and as geopolitical uncertainties worsen again this week the pair is tumbling again. Sterling is being hit hard by yet another...