Exchange Rates
AUD/GBP - Australian Dollar to Pound forecasts
AUDGBP Still Trading Under 0.8300 as Negatives Weigh
The AUDGBP exchange rate was -0.10% lower on Thursday with no fresh data for the Australian dollar. Traders are still clinging to the negative stories surrounding the Aussie dollar with the Sydney lockdowns and growing unrest amongst citizens in the country. The UK saw lower mortgage approvals...
AUDGBP Drops Despite Hot Australian Inflation Release
The AUDGBP exchange rate was -0.15% lower on Wednesday despite the latest Australian inflation rate coming in at 3.8%. The Aussie dollar is reeling from an extension to the Sydney lockdown, while the UK saw seven days of lower virus cases with the full reopening of the...
AUDGBP Sinks Further Ahead of Inflation Release
The AUDGBP exchange rate was- 0.68% lower on Tuesday and is finding no friends as the pair moved to trade below the 0.5300 level for the first time since May 2020. The UK is being boosted by a seventh day of lower virus cases, while the Aussie...
AUD/EUR - Australian Dollar to Euro forecasts
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 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 Exchange Rate Moves to December Highs with UK Lockdown
The AUD to GBP exchange rate was 0.30% higher on Wednesday as the Aussie takes advantage of another full lockdown in Britain.
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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