Pound to Australian Dollar outlook How long will the Brexit extension be?

Pound to Australian Dollar outlook: How long will the Brexit extension be?

The pound to Australian dollar exchange rate has made some small inroads at the start of another intensive week of British politics. UK Prime Minister Boris Johnson is expected to assert pressure on the opposition in the House of Commons later today to try and secure a December 12th general election. These coming days ahead are likely to be important for GBP to AUD exchange rates. Those looking to buy or sell Australian dollars would be wise to plan around all the latest developments...
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 Outlook: Will GBPAUD Rise or Fall on the UK Election?

Pound to Australian Dollar forecast: GBP stands its ground against the AUD

The major factor dictating pound to Australian dollar exchange rates at present is Brexit. Despite the fact Johnson's deal is unlikely to got through by 31st October, the deal has been well received. Sterling has held on to its recent gains with GBP/AUD currently sitting in the 1.88s, some of the best levels for Australian dollar buyers since May. Brexit delay PM Boris Johnson's hand has been forced to ask for an extension in accordance with the Benn agreement. Johnson had said he will take the UK...
Pound to Euro forecast: Could GBP/EUR rates hit 1.17?

Pound to Australian Dollar exchange rate: UK General Election Nearing

Sterling slides against the Australian Dollar The pound to Australian dollar exchange rate has fallen from its recent peak as Brexit continues to create uncertainty for the GBP vs AUD pair with interbank exchange rates currently sitting at 1.8794. The government had a win last night after the House of Commons supported the new withdrawal agreement with a majority of 30. However, the government was unable to win the second vote in parliament which seeks to scrutinise the agreement in the coming days and for...
Pound to Australian Dollar outlook What next for GBPAUD on Brexit?

Pound to Australian Dollar outlook: What next for GBP/AUD on Brexit?

Pound to Australian dollar exchange rates have risen to near 5-month highs, the best time to buy Australian dollar with pounds since May of this year. Whilst the pound to Aussie rate has been over 1.90 on the interbank rate, current levels of 1.89 are very close. This is in response to the optimism of the pound benefiting from an extension on the Brexit process. Whilst Boris is keenly trying to get his Withdrawal Bill passed, he is facing challenge from the British parliament who...
Pound to Australian Dollar Exchange Rate at New 41-Month High

Brexit delayed once again and the impact on the Pound vs the Australian Dollar

Boris loses once again After what has been a very interesting month so far with Brexit this weekend saw parliament sit for the first time on a Saturday since the Falklands War. GBP/AUD exchange rates have recently been trading very close to 1.90 but the Pound has so far failed to hold on to its gains. Over the weekend Boris Johnson failed to get the support needed to get the most recent Brexit Withdrawal Bill approved. Another Brexit vote expected today? Later today Boris Johnson is looking to have...
Sterling falls versus Australian dollar, as Brexit outlook up-in-the-air

Pound to Australian Dollar outlook: Rate hits 40-month high, as Brexit agreement agreed with...

UK and EU finalise Brexit deal Sterling stands at 1.8892 versus the Australian dollar on the market today, its joint-highest point in 40 months, or since June 24th 2016, the day after the UK’s Brexit referendum. By comparison, back at the beginning of this year, the pound was as weak as 1.8098 versus the so-called Aussie, so it’s since gained in value by +4.38%, or close to eight cents. GBP to AUD exchange rate strengthens The pound to Australian dollar exchange rate has...
Pound to Australian Dollar Exchange Rate: Could the Pound Hit 1.90 vs the Australian Dollar?

Pound to Australian Dollar outlook: 3-Year high to buy Australian Dollars with Pounds

It is currently the best time to buy Australian dollars with pounds since the day before the Brexit Referendum in June 2016. GBP/AUD interbank exchange rates have risen to these fresh highs owing to increased optimism a deal on Brexit might be reached. The Australian dollar has also been weaker as investors await the latest news on the Trade Wars with China and speculation mounts that the RBA (Reserve Bank of Australia) will look to cut interest rates ahead. Brexit extension most likely outcome Pound to Australian...
Rates Break over 1.92

Pound to to Australian Dollar Rallies over 1.89

Brexit talks intensify before key EU summit The pound to Australian dollar exchange rate has rallied further as hopes are lifted that a deal on Brexit can be reached with just 15 days to go until the 31st October deadline. After 3 and a half years since the 2016 Brexit referendum intensive tunnel negotiations are taking place between the UK and EU to try and hammer out a deal and one that resolves the contentious Irish backstop issue. Should a deal be reached which could...
Pound Hits New 41-Month High Versus Australian Dollar Ahead of UK Election

Pound to Australian dollar at 23 week high

The pound to Australian dollar interbank exchange rate has touched its highest in 23 weeks today, or since Monday 6th May, at 1.8757. By comparison, British sterling was as weak as 1.7689 versus the so-called Aussie on Wednesday 31st July, so it’s since strengthened by +6.03%. GBP is enjoying gains versus the AUD because of rising hopes among money managers that a Brexit deal may be reached soon. Meanwhile, the Australian dollar has weakened, because economists have cut their forecasts for Australia’s economic growth...