Pound to Australian Dollar exchange rate Is Sterling likely to fall further as the chances of a no deal Brexit increase?

Pound to Australian Dollar exchange rate: Is Sterling likely to fall further as the...

GBP/AUD exchange rate as no-deal Brexit probability increases Amongst the leading economists and financial institutions, the chances of a no-deal Brexit appear to be increasing, with many suggesting the chances of a no-deal sit between 40% to 50%. One of the more pessimistic banks out there is Japan based MUFG which signals a 60% chance of a no-deal Brexit along with further falls for sterling exchange rates owing to the uncertainty and negative impact this could have on the UK economy.The pound to Australian dollar...
Sterling falls versus Australian dollar, as Brexit outlook up-in-the-air

Sterling falls versus Australian dollar, as Brexit outlook up-in-the-air

GBP to AUD rate decrease Sterling has fallen by -0.48% versus the Australian dollar on the interbank market in the last day, from a peak of 1.8902 yesterday to 1.8812 today at the time of writing. In part, this is because the UK’s political outlook remains unclear, with Westminster undecided whether there’ll be a UK general election in the coming weeks, and the EU debating whether to grant the UK another Brexit extension of three months, or just two weeks. Boris delivers election ultimatum One reason why...
Pound to Australian Dollar forecast GBPAUD exchange rates holding in the 1.80s, could Supreme Court ruling cause volatility in rates?

Pound to Australian Dollar forecast: GBP/AUD exchange rates holding in the 1.80s, could Supreme...

Supreme Court hearing to cause movement for GBP/AUD rates The pound to Australian dollar exchange rate has found support with rates sitting at 1.8350 for the GBP vs AUD pair on the interbank exchange. The Supreme Court in the UK will rule this morning on whether the decision for Boris Johnson to prorogue parliament was unlawful. The verdict will be made at 10:30 and high volatility should be expected for pound to Australian dollar exchange rates. Those with pending requirements either buying or selling Australian...
Downward pressure on the Aussie dollar continues as US China trade war escalates

GBP/AUD Forecast – Political Infighting & Trumps Trade Tariffs Hurting the AUD

Sterling has made gains against the AUD during Thursday’s trading, rising by almost a cent at its high earlier. Despite this improvement, the AUD continues to find plenty of support around 1.77 as we head towards the end of the trading week. Whether it will hold frim around this threshold is difficult to tell, with both the UK & Australian economy facing their own set of problems. Political disruption is starting to put a strain on the Australian economy. Infighting amongst the Liberal party is beginning...
Pound to Australian Dollar Outlook - GBP/AUD Rates Fall below 1.80

Pound to Australian dollar forecast: Global growth forecast lowest since 2009

Pound to Australian dollar rate The pound to Australian dollar rate has been very mixed in the last week as investors are forced to grapple with the ever-changing nature of two of the biggest market forces at present, Brexit and the trade wars. Whilst sterling is lower due to the Brexit uncertainties, rates are still above the lower points of 2019 GBP/AUD levels, nestled in the 1.82s at the time of writing. Pound to Australian dollar forecast My longer-term forecast would have to be negative for the Australian...
Is GBP/EUR in the process of consolidating above 1.16?

Pound to Australian Dollar: How Will the Pound Fair Following Next Week’s Brexit Vote?

Pound to Australian Dollar rates have fallen back below 1.80 this week, with the Pound once again unable to find sufficient support above this key threshold. This dip in support comes as the markets prepare themselves for next week’s crucial Brexit vote, when UK MPs will vote whether or not to back Prime Minster Theresa May’s current Brexit deal with the EU. With the general consensus leaning towards a lack of support for the current Brexit deal, how will a potential no vote affect Pound to...
Pound to Australian Dollar forecast December election approaches

Will GBPAUD levels rise above 1.80?

The GBPAUD exchange rate has been trading in the higher 1.70's since June as Brexit concerns continue to weigh on the Pound and the prospect of a future interest rate rise in Australia helps the Australian Dollar to maintain some form. Clients looking to buy Australian Dollars with Pounds could now find a slightly flatter period as investors keenly await the latest news on Brexit and key developments which might move the market. My belief is that we could easily see the Pound find some snap...

Australian elections less than a week away and the impact on the Pound vs...

We are now just less than a week away from when Australia will be going to the polls in another federal election down under. In the last twelve years we have seen a total of six different leaders of the country and this has caused problems for the Australian economy. This has caused a lack of continuity as with such limited time it does not allow a Prime Minister to conclude a lot of their electoral pledges. In the most up to date polls the...
Pound to Australian Dollar outlook GBPAUD back below 1.80

Pound to Australian Dollar exchange rate: Sterling continues to lose value as economic concerns...

The Australian dollar to pound exchange rate is trading at its strongest level in 7-months at the moment, as the gradual decline in the pounds value is picking up steam ahead of the vote from the Conservative Party regarding the next leader of the political party. Pound to Australian Dollar exchange rate: Political uncertainty weighing on Sterling At the time of writing the pair are trading just below 1.77, after recovering slightly from the low of 1.7667 earlier this morning. You would have to go back...
Pound to Australian Dollar forecast Sterling still struggles against the Australian Dollar despite many predicting AUD weakness

GBP/AUD exchange rates at highest levels since May as risk appetite decreases

Sterling has hit the highest levels we have seen against the Australian Dollar in a number of months, as progress is reportedly going well with Brexit talks for the U.K and risk appetite around the world is dropping like a stone. The Australian Dollar really is having a tough time on the markets this week; there are growing concerns on how the emerging market currencies are performing which is leading to a huge sell off of so called 'riskier' currencies and the Australian Dollar is...