Australian Economy Set to Take a Few Years to Recover

Australian Dollar Forecast: Further Tariffs from due China?

Over the past month the Australian Dollar forecast has consistently improved against the pound, rising by as much as 5% since the beginning of May. This week however, AUD rates have started to show some fragility and there have been some volatile peaks and troughs in AUD value. The strength of the Australian economy, and therefore the Australian Dollar is heavily reliant on their exports and relationship with their largest trade partner, China. In recent times though, this relationship has become strained, starting with Australia’s...
AUDGBP Continues to Rise, But How Long For?

AUDGBP Continues to Rise, But How Long For?

Subdued start to the week for AUDGBP, AUDEUR and AUDUSD as the markets await for tonight’s mixture of surveys from down under and long stream of economic data from Australia’s leading trading partners to set the AUD onto it’s trend for the week. The AUDGBP rate has edged dangerously closer to it’s key resistance levels of 0.56, a mark we have only seen breached 4 times since the start of 2018 and certainly triggering the best opportunity to buy pounds with Australian dollars so far...
AUD to GBP Slower but Brexit Could Accelerate Rates Again

Australian Dollar Forecast: AUD Rally Continues

The Australian dollar has strengthened significantly this month against GBP, USD and EUR and this AUD rally has continued at the start of this week and over the past seven days. The main drivers behind AUD gains continue to be due to the country’s handling of the Coronavirus crisis and the control of the spread, along with a renewed confidence in investors and an expectation of increased demand for Australian exports. The Australian economy is heavily reliant on its exports of raw material such...
Australian Dollar Forecast: AUDGBP & AUDUSD to Keep Rising?

Australian Dollar Forecast – Will AUD Weaken in the Future?

Australian Dollar Forecast Breaking News – China bans Aussie beef and UK GDP shrinks -2% in Q1, GBPAUD back below 1.9
AUD to USD Forecast: Shock Chinese Data Offers Support to the Australian Dollar

AUD to USD Forecast: Shock Chinese Data Offers Support to the Australian Dollar

From a long-term perspective the Australian dollar is currently trading around some of the lowest levels seen against the US dollar in over 17-years, as the currency has sold off against most major currency pairs over the past few months due to a number of reasons. Oil Price Drop Affects Australian Dollar The falling price of oil along with the global economic slowdown due to the spread of Covid-19 has resulted in a sell-off in AUD exchange rates, leaving the AUDUSD interbank level trading as low...
Australian Dollar to Pound Forecast: Why is the Australian Dollar Strengthening?

Will AUD GBP Continue to Recover Ground Lost Last Week?

AUD GBP has remained range bound since the start of the month although we are just over 1%, what's the Australian Dollar Forecast for the rest of this week?
AUDGBP: Australian Fears as Virus Cases Jump

Australian Dollar Forecast: Brexit Talks Continue This Week

The AUDGBP exchange rate continues its incline with a big increase this morning taking rates for the AUDGBP pair to a high of 0.5450. The Australian Dollar Forecast for AUDGBP exchange rates look set to be driven by Brexit talks this week. The Australian dollar has been boosted as economies around the globe have intervened with their own measures which has provided a slightly better outlook globally following the onset of Coronavirus. Australia has not been impacted as badly as other economies around the globe,...
Australian Dollar to Pound Forecast: Why is the Australian Dollar Strengthening?

Why Does the AUD to GBP Exchange Rate Continue to Rise?

AUD to GBP exchange rates have been on the rise since the start of April and mid-market exchange rates have increased from 0.4882 to 0.5352 (9%).
Increase in Risk Appetite Helps Support the Australian Dollar

Increase in Risk Appetite Helps Support the Australian Dollar

With parts of the world getting their economies back up and running due to a lessening of lockdown measures we have seen an increase in risk appetite amongst investors. The safe haven of the Swiss franc and the US dollar are now being left behind and money is being moved into riskier currencies. The Australian dollar being a destination of choice. The impact of the Coronavirus was light in comparison to other countries and is becoming a more popular destination for investors capital. As...

AUDUSD hits six-week high

Yesterday the Australian Dollar reached a six-week high against the US Dollar, as the global economy continues to attempt to navigate through the Coronavirus pandemic. Whilst the US currently has the highest global death count of any nation so far, Australia appear to be one of the nation’s most in control of the crisis and this could be attributed to the AUDGBP rate strengthening throughout April. Over the weekend the Australian government have released a new app which will help health authorities to track those...