Even a trimming of domestic interest rates by Australia’s central bank tonight might not be enough to cause a shift out of the Aussie. Foreign Currency Market Update – GBP / AUD Update Sterling continued to flounder against the go-ahead Australian Dollar during last week’s session. This saw the GBP AUD exchange rate break down [...]
Exchange Rate Forecasts
Posts Tagged ‘Australian Dollar’
Pound to Australian Dollar Exchange Rate Forecast – GBP AUD Rate Continues To Trend Downwards
Monday, February 6th, 2012Pound to Australian Dollar Forecast – The Pound broke down to a new multi-year low of 1.4686 against the Australian Dollar
Monday, January 30th, 2012If Greek debt negotiations fail to yield fruit sooner rather than later, then the GBP AUD exchange rate may stop bumping along the bottom of its range. Foreign Currency Market Update – GBP / AUD Update The Pound broke down to a new multi-year low of 1.4686 against the Australian Dollar last Thursday, breaching the [...]
Pound to Australian Dollar Forecast – The Pound has started 2012 firmly on the back foot against the Australian Dollar
Wednesday, January 25th, 2012There appears little hope that positive UK data releases will push the Pound higher against the Aussie in the coming week. By John Cameron Foreign Currency Market Update – GBP / AUD Update The Pound has started 2012 firmly on the back foot against the Australian Dollar, sending the GBP AUD pair to a new [...]
Pound Sterling to Australian Dollar Foreign Currency Exchange Rate Forecast – The Aussie dollar rose strongly in October
Tuesday, November 15th, 2011By Jon Beddell Foreign Currency Market Update – GBP / AUD Update The Aussie dollar rose strongly in October as stock markets rebounded sharply from the late summer sell off. As investors waded back into stocks and riskier assets, demand for safe haven currencies waned, while high yielding currencies came back into vogue. Around Halloween [...]
Pound Sterling to Australian Dollar Foreign Currency Exchange Rate Forecast – AUD stable as stocks rebound…
Wednesday, August 24th, 2011By Jon Beddell Foreign Currency Market Update – GBP / AUD Update The Aussie dollar has been on the back foot since the stock market rout gained momentum in early August. Typically investors sell high yielding assets when fear grips the markets, and this was no exception. The Aussie currency lost as much as 10% [...]
Foreign Currency Exchange Rate Forecast – Global Stock markets Plunge, Will the Euro Survive?
Friday, August 5th, 2011by Samuel Allen Today’s Currency Exchange Rate News The North Atlantic economies were in turmoil yesterday afternoon with the Dow Jones Index plummeting 4.3%, Gold hit a record high, the Swiss government intervened and slashed their deposit rate to as close to zero as they can go whilst the Japanese intervened on their currency by [...]
Pound Sterling to Australian Dollar Foreign Currency Exchange Rate Forecast – Exchange Rate Hits New Record Low…
Thursday, July 28th, 2011By Jon Beddell Foreign Currency Market Update – GBP / AUD Update Last week’s UK economic data was closely watched but did not produce any major surprises. The UK’s monetary policy committee voted 7-2 to keep interest rates at record lows this month according to the minutes released last Wednesday. The two dissenters were in [...]
Pound Sterling, the Euro and US Dollar exchange rate news – The Pound declined against the U.S Dollar for a second day
Tuesday, July 19th, 2011by Adam Solomon Sterling / Euro and US Dollar Exchange Rates The Pound declined against the U.S Dollar for a second day, falling to a low just above the 1.60 level, while the UK currency also lost ground versus the Euro, after rising to the highest level since early June. Sterling was unable to make [...]
Pound Sterling to Australian Dollar Foreign Currency Exchange Rate Forecast – Sterling rebounds from record lows
Monday, July 18th, 2011Foreign Currency Market Update – GBP / AUD Update After falling to the lowest level on record last week Sterling has staged a rebound, surging by over 3 cents. Stellar economic data cannot be said to have been the major driver of price movement. True, retail sales contracted less than expected in June, but were [...]
Pound Sterling, the Euro and US Dollar exchange rate – The Pound staged a recovery from the 15 month low against the euro
Wednesday, July 6th, 2011by Adam Solomon Sterling / Euro and US Dollar The pound benefited from better than expected CIPS Services Data yesterday morning to stage a recovery from the 15 month low against the euro recorded at the end of last week. It was a rare bright spot of UK economic data in an otherwise negative economic [...]
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