Pound to Australian Dollar outlook - Will GBP/AUD levels rise or fall ahead?

Australian housing market a concern for Australian dollar sellers

It's been a tough week for the Australian dollar exchange rates as credit rating Fitch suggested further falls are on the horizon for house prices in Australia. Fitch is seen as one of the three big credit rating agencies that give forward guidance and they are predicting that another 5% fall for the housing market within the next 12 months. It's key to note that since the housing market started to decline in recent years we have seen a 6.7% fall across Australia. The decline...
Australian Dollar gains ground on Sterling Politics weighs on the Pound and Australian data generally positive

Pound to Australian dollar forecast: Could GBPAUD hit 2?

The pound to Australian dollar pairing has seen some volatility in rcent weeks, as investors look to gauge the future expectations for both Brexit and the Trade Wars. Personally, I would not be surprised to see the pound rise against the Australian dollar in the coming weeks as investors seek to better understand what lies ahead on Brexit. The expectation now is that we could very easily see an extension to the Article 50 window, which would put the UK on a longer leaving time-frame....
Will Brexit happen this year and the impact on the pound against the Australian dollar

Australian dollar comes under pressure, could the pound break through 1.90 against the Australian...

This week pound to Australian dollar mid market exchange rates reached as high as 1.8870, which is the highest rate seen since the UKs referendum in 2016. This article will highlight the reason why pound to Australian dollar exchange rates are close to a 3 year high and the likelihood of GBP/AUD reaching 1.90 in the upcoming weeks and months. Since the start of the year the pound has gained traction against most major currencies including the Australian dollar as UK Prime Minister Theresa May...
Pound to Australian Dollar forecast Reserve Bank of Australia minutes will interest rates be cut further?

Pound to Australian dollar exchange rates: G20 summit to influence GBP/AUD rates

World leaders from 19 countries coupled with the European Council will meet today in Japan for G20 economic summit. The aim of the summit is to discuss important financial and economic issues. No surprises climate change and the crisis in Iran are hot topics, however the separate talks between Presidents Donald Trump of the US and Xi Jinping of China should steal the headlines. Over the last 12 months both Presidents have been at loggerheads about trade. Donald Trump imposed tariffs on China and...
Pound to Australian Dollar exchange rate GBPAUD rates as Brexit uncertainty continues

Pound to Australian Dollar exchange rate: GBP/AUD rates as Brexit uncertainty continues

Pound to Australian dollar exchange rates have worsened dramatically since the more historical trends. As a young man, I spent many enjoyable months in Australia when the pound was equal to around 2.5 Australian dollars on the interbank rate. At present, the pound to Australian dollar rate sits at 1.7866 on the interbank rate, widely accepted as a big shift, even by the currency markets wide interpretations. UK political uncertainty weighing on Pound to Australian Dollar rates The pound to Australian dollar exchange rate has been...
Pound to Australian Dollar Forecast: GBP/AUD rate falls below 1.79

Sterling Rates find Support having Fallen after the Bank of England Holds Rates

The pound suffered a poor performance following the Bank of England interest rate decision yesterday but has made a very small recovery since. Sterling exchange rates fell across the board yesterday on the back of the slightly more dovish commentary coming from the central bank. Although interest rates were held at 0.5% as widely expected the pound fell on the back of what was cited as an uncertain path with Brexit as well as the reduction in growth forecasts for 2018 which have been...
Pound to Australian Dollar forecast Yellowhammer Brexit document and 'illegal' parliament suspension to influence GBPAUD rates

Australian Dollar Moves on Turkey Developments

The Pound continues to see a volatile period against the Australian Dollar with a lack of clear direction as a result of mixed news and data coming from the British and Australian economies. The Pound still remains on the back foot in the Brexit limbo period whilst Parliament is asleep for the summer recess. Rates for GBP AUD had fallen to levels below 1.73 earlier in the week although a rally in recent days has seen rates push higher to over 1.75 for the pair. ...
Pound to Australian dollar forecast: Will GBP/AUD levels fall below 1.80?

AUD could be set for further weakness

This week will see the release of Australian unemployment data. Australia's economic performance is coming into question of late due to several areas under performing. The prediction is that there will be little movement in unemployment data and that the figure will remain around 5.3%. If the figure arrives away from expectations volatility can be expected. The Reserve Bank of Australia will be holding off on any rate hikes until we see improvements in wage growth and the concerns regarding cooling house prices are...
Downward pressure on the Aussie dollar continues as US China trade war escalates

GBP/AUD Forecast: Will GBP/AUD rate rise or fall going into 2019?

Our latest GBP/AUD forecast looks at the month ahead for the Pound to Australian dollar rate. The Australian dollar weakness that has seen over 5 cents movement in a week from 1.72 to over 1.77 could be a flavour of the kind of volatility that we can now expect in the weeks ahead as we approach some key pieces of news in the currency markets. GBP/AUD Forecast: Brexit and trade Wars key drivers for GBP/AUD rates The key factor is of course Brexit which I will...
Pound to Australian Dollar forecast GBPAUD rates fall to 1.80 as Brexit protesters take to the streets in their thousands

Pound to Australian dollar rate rockets after RBA reverses its position on interest rates

The Pound to Australian dollar rate has taken a nose-dive after the Reserve Bank of Australia (RBA) gave opposing signals following the latest interest rate decision to hold rates at 1.5% as expected. The central bank had initially been more dovish following the meeting and focused on inflation, indicating it should hit 2.25% by 2020. This actually resulted in some gains for the Australian dollar. However the RBA made a further statement later on which caused the Australian dollar to weaken by over 1.6%...