Pound to Australian Dollar forecast Will GBPAUD rates test new lows?

GBP to AUD Forecast: How will GBP/AUD rates perform this January?

In this GBP to AUD forecast I discuss the expectations for the GBP/AUD exchange rate in January. Rates are likely to be largely dependent on the outcomes from the two biggest drivers on the currency markets at present, namely Brexit and also the Trade Wars. Trying to predict these factors is no easy feat and clients relying too much on one particular outcome, might be wise to consider all eventualities. The January 14th Parliamentary vote on Theresa May's Brexit will be a huge factor in...
Pound to Australian Dollar Forecast: GBP/AUD rate falls below 1.79

GBP/AUD Rates Trading Back Above 1.80 Following US Interest Rate Hike

GBP/AUD Rates: GBP has made inroads against the AUD over the festive period, with the Pound now trading back above 1.80 as we enter the last few trading hours of 2018. Sterling received a welcome boost following the US FED’s anticipated interact rate hike, at their recent policy meeting. As expected, the US FED raised rates by 0.25% and indicated that the markets could expect another couple of rate hikes next year. The latest rise means there is a growing disparity between the US interest...
GBP to AUD rate rises despite falling UK inflation

Will GBPAUD levels rise or fall in 2019?

The Australian dollar has been weakening against sterling as the market takes it dissatisfaction on the Trade Wars and Donald Trump's comments over Christmas out on the Australian dollar. As a commodity based currency the Aussie dollar will rise and fall according to global attitudes to world trade. Expectations are high that Donald Trump will continue to pose a threat to the global economy, and a series of comments and tweets of late have put pressure on the Australian dollar. Since the main focus of...
Pound to Australian dollar forecast 2019

Pound to Australian dollar forecast 2019

In this Pound to Australian dollar forecast we take a look ahead to events in early 2019. Of course, the ongoing Brexit saga is going to be the main talking point for the pound and going into next year anything could happen. UK Prime Minister Theresa May has confirmed that MPs will debate the Brexit deal on the first week back and then the meaningful vote will follow thereafter. Quite simply if she manages to persuade MPs to back her deal, I expect the pound...
Pound to Australian dollar forecast: RBA cut interest rates, what next?

GBP to AUD forecast: US and China reported to have fallen out again over...

It has been said that the talks between US and China have once again fallen out over the well publicised trade wars, which has weakened the Australian Dollar ever so slightly today. Both sides of the negotiations are essentially trying to get the best out of this deal that they can, and currently the U.S is apparently accusing China of 'stealing technology' also noting that it is unacceptable for China to 'dump their products' on the US. In return China are said to have suggested that...
Will the Reserve Bank of Australia cut interest rates in May?

Theresa May urged to consider alternative Brexit deal

May remains defiant Secretary of State for International Trade, Liam Fox and another senior Tory MP, Damian Hinds, both considered close allies of Theresa May, have called for a vote in the House of Commons on possible alternatives to the PM's current Brexit deal. The alternatives to be considered are wide ranging, from a Norway plus deal to a potential no deal. The PM is currently standing behind her own deal despite being stone walled by Brussels. Jean Claude Junker, European Commission President stated the following: "We don't...
Pound to Australian dollar forecast Lacklustre employment rate hampers Australian dollar

Brexit uncertainty keeps the Pound from improving against the Australian Dollar

The Pound against the Australian Dollar has opened up by moving positively throughout this morning's trading session after a rather volatile week last week. Global investors are clearly wary of the slowdown in China and this is being reflected in the Australian economy. With US-China Trade Wars still not fully resolved the appetite of a global investor has waned towards the more commodity based currencies including the Australian Dollar, New Zealand Dollar and South African Rand, which have all weakened over the last few days against...
Pound to Australian Dollar remains below 1.80 for now could Sterling see further falls?

Sterling weakness: Further falls expected for GBP/AUD exchange rates

Last night UK Prime Minister Theresa May suffered another blow at the EU summit, and I believe this could be the last nail in the coffin which could force her resignation. The EU humiliated the Prime Minister when they were clear that there will be no further concessions. In addition the EU went on to state that there will be no binding agreements or further legal text. A wounded Theresa May will now make her way back to the UK and MPs from all parties...
Pound to Australian Dollar rate AUD makes gains against Sterling

Sterling gains back ground against the Australian dollar as Theresa May wins key vote

The pound has had a fairly interesting week so far, having taken a tumble against all major currencies and dropping down into the lower 1.70s against he Australian dollar, only to mount a fightback over the course of yesterday afternoon and into this morning. The pound actually had its 3rd best day against a basket of major currencies that it has had this entire year. Sterling climbed as more and more of Theresa May's colleagues publicly backed her and this suggested that it would be...
Pound to Australian Dollar forecast: The impact of the Brexit vote next week

GBP/AUD forecast: UK PM’s Future in Doubt

Theresa May faces leadership challenge The Tories have triggered a vote of no confidence in Theresa May, which causes further uncertainty surrounding Brexit. The 1922 Committee chair, Sir Graham Brady has now received more than the 48 letters required from Conservative MPs for a leadership challenge. Sir Brady has stated there will be a ballot this evening. Over 20 Conservative back benchers have publicly announced their letters of no confidence have been submitted, among those are several prominent figures of the Tory Party. Former Brexit minister...