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Currency News - AUD

AUD currency update: better than expected retail sales figures strengthens the pound

Written by James Baxter on Friday, March 24, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD rose around half a cent yesterday after better than expected retail sales figures strengthened the pound across the board, pushing GBP/AUD above 1.64. There are no significant data releases from either country today so we may be in for a quiet end to the week….(read more)

AUD currency update: Pound continues to strengthen following higher than expected inflation numbers

Written by James Baxter on Thursday, March 23, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD rose yesterday as the pound continued strengthening following the higher than expected inflation numbers from the UK on Tuesday morning. It’s now widely expected that the Bank of England will need to begin tightening monetary policy in an effort to combat rising prices. In fact,…(read more)

AUD currency update: Pound makes significant gains

Written by James Baxter on Wednesday, March 22, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD has risen over one percent over the last 24 hours as the pound has made significant gains across the board. Higher than expected inflation numbers from the UK yesterday have fuelled speculation that the Bank of England may soon have to raise interest rates to…(read more)

AUD currency update: GBP/AUD falls after Article 50 announcement

Written by James Baxter on Tuesday, March 21, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD has fallen over the last 24 hours as the pound has lost ground against most of the major currencies after Theresa May announced that the government would be triggering Article 50 next Wednesday, formally beginning Britain’s exit from the European Union. The minutes from the…(read more)

AUD currency update: GBP/AUD falls following the reopening of the European markets

Written by James Baxter on Monday, March 20, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD has fallen around half a cent this morning after European markets reopened following the weekend break. The Australian dollar has strengthened over the last few days following the interest rate rise in the States last week. The Aussie often trades inversely with the US dollar…(read more)

AUD currency update: GBP/AUD rises after BoE’s interest rate decision

Written by James Baxter on Friday, March 17, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD has risen around one cent this morning as the pound has gained ground across the board following the Bank of England’s interest rate decision yesterday afternoon. The Monetary Policy Committee decided to keep interest rates on hold, which came as no surprise, but one of…(read more)

AUD currency update: Aussie dollar strengthens after news from the US

Written by James Baxter on Thursday, March 16, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD has fallen overnight as the Aussie dollar has strengthened following the interest rate rise from the Federal Reserve yesterday evening. Bizarrely, the US dollar actually weakened after the announcement and the Aussie dollar strengthened as a result. Poor unemployment figures from Australia this morning have…(read more)

AUD currency update: GBP/AUD pushed back to the 1.61s

Written by James Baxter on Wednesday, March 15, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD has risen modestly overnight as the pound has gained ground across the board. Worse than expected motor vehicle sales numbers from Australia this morning have weakened the Aussie slightly, pushing GBP/AUD back above 1.61. Today could prove to be an interesting day on the currency…(read more)

AUD currency update: GBP/AUD takes a tumble after Brexit bill amendments are rejected

Written by James Baxter on Tuesday, March 14, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD has tumbled overnight as the British parliament rejected amendments made to the Brexit bill by the House of Lords, paving the way for Theresa May to trigger Britain’s exit from the EU before the end of this month. Nicola Sturgeon’s commitment to hold a second…(read more)

AUD currency update: Pound under pressure again

Written by James Baxter on Monday, March 13, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD has remained fairly range-bound over the last 24 hours, hovering in the low 1.61’s. The pound has come under pressure again over the last week as it’s likely that Theresa May will trigger Article 50 this week and the markets still don’t like the idea…(read more)

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