Exchange Rates
AUD/GBP - Australian Dollar to Pound forecasts
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....
AUDGBP Exchange Rates Drop Below 0.55
Momentum behind the Australian dollar seems to have evaporated once more as move into the second half of the week, with the latest unemployment figures potentially set to drive further volatility. Indeed, 29,500 more people filed for unemployment after losing their jobs in September. The release came...
How is Brexit Affecting GBPAUD?
The two key factors driving GBPAUD value this week continue to be Brexit and COVID developments. As such we are seeing Sterling under increased volatility. The pound has risen this week on increased optimism of a Brexit trade deal being agreed but has been held back by...
AUD/EUR - Australian Dollar to Euro forecasts
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....
Australian Dollar Remains Resilient Despite Unemployment
Australian Dollar exchange rates have remained stable against the USD, EUR and GBP over the course of the trading week and this has been despite poor unemployment figures released yesterday.
Stats on Thursday showed that unemployment had risen to 7.4% in June, which is the highest level seen...
AUDGBP Starts Week Close to One Month Low
Sterling has started this week stronger with the AUDGBP currently at the 0.5524 level against the Aussie which is the first time in just over three weeks. Following some positive developments in Brexit talks last week the pound has been able to make small gains. Over the...
AUD/USD - Australian Dollar to US Dollar forecasts
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....
Australian Dollar Strength as Travel Corridor with New Zealand Opens
Following the significant weakening the Australian dollar saw at the back end of September, the commodity currency has rebounded robustly and sits on multi-week highs against some of its major currency counterparts. We've seen some Australian dollar strength against the US dollar, with AUDUSD bolstered by over...
AUDGBP: Australian Fears as Virus Cases Jump
Australia has reintroduced lockdowns in the Victoria area after new COVID-19 cases appear continue to rise. There has been a report today of 288 new cases, the highest on record for any part of the country since the pandemic started. Australia was acknowledged as one of the...
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