Will AUD to USD Retest the All-Time Lows?

How the RBA rate decisions are likely to affect the AUD/GBP rate

The Reserve Bank of Australia (RBA) has been in talks in the last 24 hours to discuss the future of its rate cutting. Analysts are predicting that the RBA will refrain from any further cuts at least till the end of 2019. This may be a positive move as analysts suggest the market isn’t ready for another cut whilst others suggest that the RBA may have its hand forced into cutting rates later in the year or at the start of 2020. Cause of previous...

The 3 biggest political factors affecting the AUD to GBP forecast

It is no secret that politics affects the currency rates across the world. The outcomes of particular political events can shift the going rate of both the home countries currency as well as others that interact with it on the global market. One of the more well-known pairings is the AUD to GBP rate. Recent political factors have caused shifts in the trading rate. Brexit No matter which country you are reading this from, it is very likely that you will be aware of the Brexit...
AUDGBP: Australian Dollar Weakens in Worst COVID-19 Day Yet

Refreshed Brexit negotiations and economic uncertainty in China

The UK is facing some potentially history-shaping events at present. Uncertainty is rising and unrest is creeping in amongst politicians and the public alike which is reflected in the ups and downs of the pound’s strength against the Australian dollar. So what’s impacting the GBP/AUD interbank exchange rates? The uncertainty of Britain’s future within the European Union has played a huge part in the pound’s strength against the Australian dollar for well over 3 years now, but recent events have caused even greater fluctuations than what...
AUDGBP Continues to Rise, But How Long For?

GBP/AUD drops from its annual highs as Brexit momentum slows

The Pound has eased off from the highs we saw earlier this month as the next steps for Brexit have become less clear. Sterling has risen dramatically this month as UK Prime Minister Boris Johnson has agreed a new deal with the EU that so far has been received well, although his hopes of pushing the deal through before the end of the month as he had hoped are fading. When will the UK have a general election? Parliament has voted in favour of agreeing a new...
Commodity Based Currency AUD Struggles During Global Uncertainty

Is QE on the cards from the Reserve Bank of Australia? (Daniel Johnson)

Pound to Australian Dollar Forecast The Australian economy has suffered of late with a drop in house prices, increased unemployment and a cut in interest rates to a record low of 1%. Australia is heavily reliant on China purchasing its goods and due to this the US/China trade war is having an impact on the Australian Dollar. China is in the midst of its slowest economic expansion in thirty years and the Chinese Yuan continues to drop in value posting a fresh 11 year low on Monday. Dr Adam Triggs of...
AUDGBP Makes Back Some Lost Ground From Last Week

Could we see Monetary Stimulus from the RBA? (Daniel Johnson)

Pound to Australian Dollar Forecast This year the Reserve Bank of Australia (RBA) has continued to cut interest rates leaving the base rate at a record low of 1%. The change in monetary policy has so far failed to stimulate growth in the Australian economy which has resulted in the RBA board looking at  alternative methods of stimulus to try and aid the struggling economy. There is the potential that quantitative easing (QE). QE is essentially pumping money into an economy in order to stimulate growth, printing money causing huge levels of...
Commodity Based Currency AUD Struggles During Global Uncertainty

Pound to Austrlian dollar predictions: Major volatility expected for pound to Australian dollar exchange...

Of late mixed outlooks for the Australian dollar has caused the pound to remain range bound against sterling, with GBPAUD fluctuating close to 1.80. The Reserve Bank of Australia recently cut interest rates and forecasters second guessed that another cut is on the horizon as the RBA would need to follow the trend of its nearest neighbour as the Reserve Bank of New Zealand cut rates by 0.5% as their last meeting. In addition the RBA has even hinted at more unconventional methods such as quantitative easing and history would...
GBP to AUD Steady as Markets Consider BoE and RBA Rate Cuts

US/China Trade War hurting AUD (Daniel Johnson)

Australian Dollar Forecast AUD  has proved fragile of late due to several contributing factors. There are domestic issues, such as the high value of living in high wage growth areas. This is causing Australian residents to cut back on retail spending. One of the key issues at present is the knock on effect from the US/China trade war. Australia has a heavy reliance on China purchasing its’s goods and any effect on Chinese growth can have ramifications on the Australian economy. As the trade war escalates...
Pound Pushes Higher Against the Australian Dollar on Recent Economic Divergence

Pound to Australian Dollar continues to trade just below 1.80, which factors could see...

Earlier this morning GBP/AUD tested the 1.80 resistance level, with the pair hitting 1.7998 before easing off and at the time of writing the inter-bank level is 1.7940. The Pound to Australian Dollar rate has remained below the 1.80 handle ever since dropping below it at the beginning of July and based on the number of times we've seen the pair test 1.80 it could take some significant to see the pair return to trade levels in the 1.80's. AUD was dragged downward by the...
GBP to AUD Steady as Markets Consider BoE and RBA Rate Cuts

Pound to Australian Dollar Forecast (Daniel Johnson)

Inflation & US/China trade war a concern for Australian Dollar Investors The Pound has lost ground against the Australian Dollar of late which can be largely attributed to the lack of clarity surrounding Brexit.  Australia has had it's own trouble however.  Inflation continues to be a problem down under and it is still some way behind the Reserve Bank of Australia's  (RBA) 2-3% target. The RBA cut rates earlier in the year to 1% in an attempt to combat inflation and there is the possibility of...