Exchange Rates
AUD/GBP - Australian Dollar to Pound forecasts
AUD GBP Looks for a Catalyst at 0.8300 Level
The AUD GBP exchange rate was higher by 0.28% on Wednesday as traders looked to avoid bullish sterling bets due to political drama in the UK. The pound sterling v Aussie dollar may look for a catalyst from the US Federal Reserve, with a potential rate hike...
AUD GBP Drops as Australian Business Activity Disappoints
The AUDGBP exchange rate was lower by -0.15% on Monday after the Australian PMI data showed an economy slipping into contraction territory. The UK also saw the release of PMI data and the number showed a slip to 53.4%. Economists had expected the latest reading to be...
AUD GBP Could Move Lower as PMI Data Awaits
The AUD GBP exchange rate was lower by -0.40% on Friday, but the week was one of strength for the Aussie dollar. Today sees PMI data for the Australian and British economies and that will set the early tone. There is the looming spectre of the Sue...
AUD/EUR - Australian Dollar to Euro forecasts
AUD GBP Slumps as UK Economy Recovers Virus Losses
The AUDGBP exchange rate fell sharply on Friday as the UK economy was seen recovering to its pre-pandemic growth levels. A 0.9% growth rate into the endo of November was well ahead of 0.4% expected by analysts and saw strong support for sterling. The UK Prime Minister...
AUD GBP Lower Ahead of UK GDP Update
The AUD GBP exchange rate was lower on Thursday by 0.27% after the recent Aussie dollar rally fades out. WA Premier Mark McGowan has said that the Australian border could remain closed for seven months. The Australian dollar had been boosted by hopes for a near-term end...
AUD to GBP Moves Lower as Australian Travel Ban is Lifted
The AUD to GBP exchange rate was lower by 0.39% on Wednesday as South Australia lifted its border restriction with Melbourne. The country has now extended its virus-free run and traders are happy to place further bets on the Aussie economy.
AUDGBP trades at 0.5583 with no major...
AUD/USD - Australian Dollar to US Dollar forecasts
AUD to GBP Quiet as Traders Wait for Data Releases
The AUD to GBP exchange rate started the week flat at the 0.5665 level which ended the week. Traders are awaiting economic data on the week.
AUDGBP: Australian Economy Looks Set for Strong End to 2020
It has been a good news week for the economy and things continued with better expected trade balance news. With COVID-19 relatively contained, things look good. As such it was a good day against GBP with the Australian dollar trading up to 0.55.
Rising Economy
Australia’s economy continues...
Risk Appetite Returns, Leading to AUD Strength
On Monday we heard the welcome news that Pfizer has seen some significant success in clinical trials of a COVID-19 vaccine. Pfizer announced that the vaccine candidate has been found to be over 90% effective in preventing COVID with only 94 confirmed cases amongst its 43,538 participants....
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