UK Inflation Jumps to a Six-Month High but Fails to Push the Pound Higher against the Australian Dollar

Article 50 to be triggered today. When to trade (Daniel Johnson)

Today we will see the triggering of Article 50 and Britain will officially exit the EU.  Despite many analysts predicting a sharp fall in Sterling value against the Australian Dollar I am of the opinion once the dust settles Sterling will be in a better position than current levels (GBP/AUD currently sits in the low 1.62s). The market moves on rumour as well as fact and I am of the opinion a hard brexit is already filtered into current GBP/AUD buoyancy levels. The market reacts...
Pound Pushes Higher Against the Australian Dollar on Recent Economic Divergence

Will the Pound continue to improve against the Australian Dollar?

Sterling is now trading close to its best level against the Australian Dollar in almost two years as the Australian economy continues to shows signs of a struggle. Australian inflation data is released on Tuesday and this could provide us with evidence of what the RBA may need to do in terms of monetary policy in the near future. The RBA is under pressure at the moment as it appears as though the country is split between the east and the west with the western economy...
Australian Dollar Gains Against the Pound as Chinese Stocks Roar Higher on Monday

US Rate Hike could push Investors away from the Australian Dollar (Daniel Johnson)

Could Trump force Yellen's Hand The Australian Dollar has been particularly attractive of late due to it's relative safety compared to other major  currencies and the promise of high interest. The current rate level is at 1.5%. Trump has strong views on where interest rates should be in the US. At the beginning of the year the FED indicated there would be several rate hikes throughout 2016, none of which have been yet to materialise. Although the FED is meant to act as a separate entity...
Australian Currency Outlook to Be Driven by External Factors in Days Ahead

AUD Forecast – What are the Factors Driving GBP/AUD Exchange Rates? (Matthew Vassallo)

GBP/AUD rates have dipped slightly during Thursday’s trading, with the AUD continuing to find support around the current levels. The pair fell to a low of 1.8338, having been trading above 1.84 at its high over night. The Pound has failed to make any sustained inroads against the AUD since the weekend, after premature talk of a Brexit agreement caused a sharp sell-off of GBP positions on Sunday. This put the Pound on the back foot when trading lines opened on Monday. It has been a tough...
Australian Currency Outlook to Be Driven by External Factors in Days Ahead

Aussie rises further! AUD selling opportunity!

The next few weeks will I believe offer up the best opportunity to sell AUD for GBP that we may see. Why is this I hear you ask? Well it is because the UK election is very likely to cause the pound to weaken. The pound will likely weaken which give anyone buying the pound an excellent opportunity to purchase it. Looking over the horizon most analysts expect sterling to fall before the election and rise after. Therefore the Aussie which has recently risen because...
Pound Rallies Against the Australian Dollar After PMI Data Release

AUD opportunity as rates SPIKE

The Australian Dollar has rebounded this morning as profits were taken by traders following the SPIKE up yesterday. A Spike is when the market moves quickly to price in new information in to the price and can give the best opportunities for  buyers. Here we offer a SPIKE NOTIFICATION service for people who have an interest – to register for this please email me directly with your contact details and summary of position, my email address is hse@currencies.co.uk. The reason for the SPIKE this...
Pound to Australian Dollar Soars as BoE Holds Rates

Hard Landing? This does not even look like a soft landing! AUD Strength Resumes

Overnight Chinese data has again impressed helping the Aussie to new highs against many of its peers! The Chinese trade balance increased from 19.6 bn to 31.6 bn and exports rose 14%. Is this the sign of an economy in decline about to suffer a hard landing? Is this even a sign of an economy about to suffer a soft landing?! Iron Ore prices are very strong and the Aussie touched new highs against the JPY and is only a few cents from the all...
Australian Dollar Still Sees Virus Risks but Pound Volatility Rests on Tuesday Growth Figures

Chinese data gives the Australian Dollar strength to round off the week

We have seen a little strength for the Australian Dollar as we head to the end of the trading week, following better than expected Chinese economic data released overnight. Trade surplus in China was a lot better than expected coming in way above expectations of $179bn at a level of $326.1bn, this was seen as good news for the Chinese economy and with China being a huge trading partner for Australia any good news from China can lead to Australian Dollar strength. We have very little...

Housing market a concern for Australia

Over the last year Australian banks have found themselves tightening lending standards to the recommendations given by the Royal Commission in Australia and reports are suggesting further recommendations are on the horizon. Research found that banks were not checking peoples incomes and spending patterns correctly which meant the public were borrowing money they could not repay. Early next year the Royal Commission are set to release their final report in regards to lending and if the commission decides further tightening is needed this is going...

Australian Dollar boosted as Pound softens and commodities gain, will the AUD strength continue?...

After the Pounds recent surge off the back some much better than expected economic news releases, the Aussie Dollar has begun a fightback pushing the GBP/AUD back towards 1.70. It will be interesting to see which direction the pair take and which key level is reached first (1.80 or 1.70).There is a lack of economic releases this week aiding the pairs movement so I think we'll have to wait some time before either of those benchmarks are hit. Over the past 48 hours it's been the...