Australian Dollar Market Reports – GBP to AUD Forecasts
Our forecasts and market reports on the Australian Dollar (GBP to AUD) will keep you up to date on all of the latest currency developments, including recent rate changes, political events and exchange rate forecasts. Subscribe to our feed to get the reports as soon as they’re live.
Appetite for the Australian Dollar is shrinking on the prospect of further US rate hikes this year. The RBA kept interest rates on hold last night, but their bearish tone resulted in AUD weakness.
Investors remain hungry for the Australian Dollar which has seen a return to carry trading. Will the RBA look to raise interest rates further in the coming months?
Whilst the Australian Dollar is considered a commodity currency, the economy has enjoyed almost 30 years of growth which makes it appealing during times of global uncertainty.
The Australian economy is showing positive signs but the potential for 3 US interest rate hikes this year may weaken the Australian Dollar.
Positive signs point to a stronger Australian economy, but the Australian Dollar has made further gains as political tensions in the US and Europe push further investment towards the Aussie Dollar.
Appetite for the Australian Dollar is at a high but with the US FED expected to raise interest rates this year, will investors place their money back into the US Dollar?
The RBA kept interest rates on hold at their latest meeting citing stronger growth as a potential for the economy. AUD may make further gains against the Pound as we approach the expected deadline for Article 50.
The Australian economy is expected to perform well in 2017, with no further rate cuts expected from the RBA. With Brexit expected to officially begin in the weeks ahead the Australian Dollar may make further gains against the Pound.
AUD finds further support against the Pound following the Bank of England’s Brexit forecasts. PM Turnball and President Trump clash heads on immigration policy.
A strong trade balance overnight helped AUD against the Pound, and with the UK Government now preparing for a March deadline for Article 50, further movements in the Aussie’s favour may arise.