Home Currency News GBP to AUD

Exchange Rate Forecasts

GBP to AUD Forecasts

The Pound to Australian Dollar exchange rate firmed ahead of this week’s UK Supreme Court judgment, but following the decision GBP investors were slightly disappointed. Concerns about a potential second Scottish independence referendum rose and GBP AUD failed to hold its best levels. While many analysts expected Sterling to advance if the UK Supreme Court [...]

Read more



Investors were fretting about UK access to the single market last week, while recovering iron ore prices furthered the GBP AUD exchange rate decline. The GBP AUD exchange rate spent the past week on a strong downtrend, with fears of a ‘Hard Brexit’ weighing on Sterling and the Australian Dollar receiving a boost from buoyant [...]

Read more



The Pound dropped heavily against the Australian Dollar at the start of the week thanks to the comments made by Prime Minister Theresa May over the weekend. The Australian Dollar, meanwhile, has been supported by some good news – the expectation that billions will come into the economy from mining exports. Last week, the interbank [...]

Read more



GBP AUD Dips as 2017 Begins

Posted by:
Date: January 3rd, 2017.

The Pound to Australian Dollar exchange rate has tumbled since markets opened this week. While GBP has been supported by the latest British data, this week’s risk rally (bolstered by optimism in commodity markets) has thus far kept Sterling at bay versus the ‘Aussie’. The interbank GBP/AUD exchange rate held 1.70 at the time of [...]

Read more



Commodity Price Rally Weighs on GBP AUD

Posted by:
Date: December 28th, 2016.

The limited trading volumes of the festive period have resulted in some volatile movement for the GBP AUD exchange rate, with both the Pound and Australian Dollar suffering from bearish headwinds. Demand for the commodity-correlated ‘Aussie’ has been limited thanks to the strength of the US Dollar, as markets have moved to price in higher [...]

Read more



The last few days saw the Pound Australian Dollar exchange rate undulating as markets awaited the latest developments from the US and UK central banks. Last week opened with the Australian Dollar firmly in bullish territory. Investors were holding their breath ahead of the week’s widely-anticipated US Federal Reserve policy meeting, which boosted risk-appetite; this [...]

Read more



The Pound to Australian Dollar exchange rate advanced to a new two-month-high in the wake of the Reserve Bank of Australia’s (RBA) unsurprising interest rate decision. Pound movement has been limited since markets since markets opened this week as Britain’s Supreme Court has been embroiled in an appeal with the UK government. The UK government [...]

Read more



Despite a couple of strong spikes, the GBP AUD exchange rate has seen significant losses over the past seven days. Last Monday saw the Pound climb sharply against the Australian Dollar. Prime Minister Theresa May gave a speech to business leaders in which she commented that the government may look to negotiate a transitional Brexit, [...]

Read more



Contrary to expectations the UK Consumer Price Index dipped in October, falling back to 0.9% rather than rising to 1.1% as forecast. This more limited display of inflationary pressure encouraged greater demand for the Pound, despite it being accompanied by a particularly sharp increase in producer prices. Despite the fact that inflation still looks set [...]

Read more



Iron Ore Boom Sees GBP/AUD Rate Slide

Posted by:
Date: November 14th, 2016.

The Pound has been in low demand during trading today, having been softened against the Australian Dollar by recent fears about a future UK-US trading relationship upset. The Australian Dollar’s gains have stemmed from astonishing growth in the cost of iron ore, which has turned the AUD bullish at the start of the week. During [...]

Read more



© TorFX. Unauthorised copying or re-wording of this blog content is prohibited. The copyright of this content is owned by Tor Currency Exchange Ltd. Any unauthorised copying or re-wording will constitute an infringement of copyright.