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Pound Australian Dollar forecast page 9 - GBP USD

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

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Pound Australian Dollar (GBP/AUD) Exchange Rate Climbs as UK Trade Deficit Shrinks

11 Apr 2018 at 1 PM - Written by John Cameron

UK Trade Balance Readings Beat Expectations – Pound (GBP) Exchange Rates Capitalise The Pound Australian Dollar (GBP/AUD) exchange rate climbed on Wednesday, supported by news that the UK’s trade deficit narrowed in February. According to the Office for National Statistics (ONS), the UK’s trade deficit shrank from £-2.949B to...

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GBP AUD Exchange Rate Flounders in Spite of Hawkish BoE Comments

10 Apr 2018 at 2 PM - Written by Frank Davies

Comments from Chinese president Xi Jinping encouraged a resurgence in market risk appetite, to the detriment of the Pound Australian Dollar (GBP/AUD) exchange rate. Demand for the risk-sensitive Australian Dollar picked up in response to President Xi’s more measured tone on the subject of trade, which suggests a greater chance of...

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Surprise Slowdown in UK Construction Sector Triggers GBP/AUD Exchange Rate Decline

4 Apr 2018 at 12 PM - Written by Tim Boyer

On Tuesday’s trading session, the Pound to Australian Dollar exchange rate saw a small decline from an opening level of 1.8332 in the morning that fell to the region of 1.8313 by the evening. Tuesday’s most notable UK data was positive, although only just. This was the manufacturing PMI for March, which showed a rise from a...

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Pound Australian Dollar (GBP/AUD) Exchange Rate Confounds Expectations, Falling Despite Cautious RBA Minutes

3 Apr 2018 at 1 PM - Written by John Cameron

UK Manufacturing Beats Forecasts but Ultimately Disappoints in 2018 – GBP Exchange Rates Fall The Pound Australian Dollar (GBP/AUD) exchange rate tumbled on Tuesday, failing to capitalise on an above-forecast UK manufacturing purchasing managers’ index (PMI) reading and falling as the ‘Aussie’ Dollar benefitted from a weaker US...

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‘Aussie’ Dollar Capitalises on USD Weakness – GBP/AUD Exchange Rate Trades Lower

23 Mar 2018 at 4 PM - Written by David Woodsmith

EU Leaders Approve Brexit Transition Terms – GBP/AUD Exchange Rate Fails to Capitalise The Pound Australian Dollar (GBP/AUD) exchange rate traded lower on Friday, failing to fully capitalise on news that EU member states have officially approved the terms of Britain’s Brexit transition period – a big step forward in negotiations....

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GBP/AUD Exchange Rate Rises 0.4% as UK Wage Growth Accelerates

21 Mar 2018 at 1 PM - Written by James Fuller

On Tuesday’s trading session, the Pound to Australian Dollar exchange rate saw a minimal increase over the course of daily trading. The GBP/AUD exchange rate opened in the range of 1.8211 on Tuesday morning and despite gains and losses during the day, closed trading marginally higher around 1.8213 in the evening. The headline news for...

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Pound Australian Dollar (GBP/AUD) Exchange Rate Surges as Market Risk Appetite Diminishes

16 Mar 2018 at 1 PM - Written by John Cameron

Pound (GBP) Exchange Rates Climb against Commodity Currencies on Ongoing Trade War Concerns The Pound Australian Dollar (GBP/AUD) exchange rate climbed on Friday, capitalising on fresh weakness amongst commodity currencies in light of escalating tensions regarding trade between the US and China, and the recent dovish attitude of the...

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NIESR Estimates a Slowdown in UK Growth - Pound Australian Dollar (GBP/AUD) Exchange Rate Fluctuates

9 Mar 2018 at 3 PM - Written by Toni Johnson

Pound Australian Dollar (GBP/AUD) Exchange Rate Proves Trades Volatile as UK Ecostats Disappoint The Pound Australian Dollar (GBP/AUD) exchange rate fluctuated on Friday, rising in the early hours as US President Donald Trump signed his tariffs on steel and aluminium into reality (albeit in 15 days), but falling later as markets reacted to...

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GBP AUD Exchange Rate Slumps as EU Maintains Tough Line on Brexit

7 Mar 2018 at 12 PM - Written by Frank Davies

In spite of a general increase in market risk aversion the Pound to Australian Dollar (GBP/AUD) exchange rate failed to find any fresh support on Wednesday morning. The resignation of key White House economic adviser Gary Cohn prompted fresh investor jitters, with the risk of an imminent global trade war seeming to have strengthened...

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Trump Talks Tough Trade - Pound Australian Dollar (GBP/AUD) Exchange Rate Soars

5 Mar 2018 at 3 PM - Written by Toni Johnson

Pound Australian Dollar (GBP/AUD) Exchange Rate Climbs on Threat of Global Trade War The Pound Australian Dollar (GBP/AUD) exchange rate hit the ground running on Monday, capitalising on risk aversion amongst the markets due to US President Donald Trump’s latest trade tariff threats and finding some support on an upbeat UK service sector...

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