The GBP AUD exchange rate confirmed the uptrend Foreign Currency Market Update – GBP / AUD Update The GBP AUD exchange rate confirmed the uptrend which it has been on since the middle part of February during last week’s session in the currency markets, by breaking to a new seven and a half month high [...]
Exchange Rate Forecasts
Posts Tagged ‘Australian Dollar’
Pound to Australian Dollar Forecast: The GBP AUD exchange rate confirmed the uptrend
Monday, May 21st, 2012Pound to Australian Dollar Forecast – Sterling surged against the Australian Dollar during last week’s session
Monday, May 14th, 2012The GBP AUD exchange rate has started this week’s session holding just above the 1.6000 level. Foreign Currency Market Update – GBP / AUD Update Sterling surged against the Australian Dollar during last week’s session, taking the GBP AUD exchange rate to a new 7-month high of 1.6080. The upward move for the pair was [...]
The Australian Dollar struggled to assert itself against the Pound in the first two days of last week
Monday, April 23rd, 2012GBP AUD has opened this week’s session trading below Friday’s yearly high, hinting that the lustre afforded the Pound by strong UK data last week is beginning to wear off. Foreign Currency Market Update – GBP / AUD Update The Australian Dollar struggled to assert itself against the Pound in the first two days of [...]
The Pound limped to another 2012 high against the Australian Dollar
Monday, April 16th, 2012The pull-back in the GBP AUD rate in the latter part of the week was driven by the release of Australian labour market figures which significantly bettered analysts’ predictions. Foreign Currency Market Update – GBP / AUD Update The Pound limped to another 2012 high against the Australian Dollar during the middle of last week’s [...]
The Pound continued in the ascendancy against the Euro
Friday, April 13th, 2012There was also a sense of relief over the immediate Spanish debt trends, which helped curb selling pressure, despite the underlying lack of confidence in the outlook. Sterling / Euro and US Dollar exchange rates The Pound continued in the ascendancy against the Euro yesterday, rising to a high of 1.2150 and the UK currency [...]
The Pound climbed to its highest level for fourteen weeks against the Australian Dollar
Tuesday, April 10th, 2012With the Assad regime in Syria apparently ignoring a UN-backed deadline for a cessation of violence, a mood of gloom hangs over global markets at the start of this week’s session. Foreign Currency Market Update – GBP / AUD Update The Pound climbed to its highest level for fourteen weeks against the Australian Dollar during [...]
The Pound continued to drive forward against the Euro and the U.S Dollar
Tuesday, April 3rd, 2012The Euro may be poised for further declines against the Dollar, after dropping below a two week trendline support at 1.3312. Sterling / Euro and US Dollar exchange rates The Pound continued to drive forward against the Euro and the US Dollar yesterday, reaching a 20-week higher versus the greenback for a second trading session, [...]
The Australian Dollar suffered a torrid time on the currency markets
Monday, April 2nd, 2012Market participants have increasingly factored-in a potential cut in Australian interest rates. Foreign Currency Market Update – GBP / AUD Update The Australian Dollar suffered a torrid time on the currency markets last week, losing almost 2% of its value against the Pound, which was the strongest performing major. This saw the GBP AUD exchange [...]
A weakening of the Australian Dollar saw the GBP AUD exchange rate rally to 1.5294
Monday, March 26th, 2012The Australian Dollar ended the week on a firmer footing, following a decent performance for global stock markets on Friday. Foreign Currency Market Update – GBP / AUD Update A weakening of the Australian Dollar saw the GBP AUD exchange rate rally to 1.5294 during last Thursday’s session. This was the pair’s highest level this [...]
The Pound rallied through 1.50 against the Australian Dollar yesterday
Wednesday, March 21st, 2012The Euro encountered resistance in the region of 1.3250 against the Dollar, but found support just above 1.32 in narrow ranges yesterday. Sterling / Euro and US Dollar exchange rates The Pound rallied through 1.50 against the Australian Dollar yesterday, as UK inflation slowed by less-than-expected and speculation increased that China’s economic growth will slow, [...]
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