Foremost Currency Group

Make the most of your currency

Talk to our friendly team:+44 (0)1442 892060

Currency News - AUD

GBP/AUD Rate Edges Lower after IMF Downgrade

Written by James Baxter on Tuesday, July 25, 2017. Currency News - Sterling / AUD

Yesterday’s high: AU$1.6476 Yesterday’s low: AU$1.6347 Pound Responds to IMF Report Yesterday saw the Pound trade close to its lowest rate against the Australian Dollar since late March. The GBP/AUD exchange rate gave up some of last week’s gains after the International Monetary Fund (IMF) downgraded its growth forecast for the UK for 2017. On…(read more)

Australian Dollar Lower on RBA Intervention

Written by James Baxter on Monday, July 24, 2017. Currency News - Sterling / AUD

Last week’s high: AU$1.6763 Last week’s low: AU$1.6275 GBP/AUD Holds Gains Last week’s cautionary comments from Reserve Bank of Australia (RBA) Deputy Governor Guy Debelle allowed the Pound to recover from a 3 ½ month low against the Australian Dollar. The ‘Aussie’ also lost ground against several of the other majors as Debelle dashed rate…(read more)

RBA Rate Hike Comments Weigh on AUD

Written by James Baxter on Friday, July 21, 2017. Currency News - Sterling / AUD

Yesterday’s high: AU$1.6441 Yesterday’s low: AU$1.6275 GBP/AUD Rebounds from 3 ½ Month Low After plummeting to a fresh 3 ½ month low on Thursday, GBP/AUD was able to bounce back in the wake of comments from a Reserve Bank of Australia (RBA) official. The Australian Dollar broadly weakened after RBA Deputy Governor Guy Debelle said;…(read more)

3 ½ Month Low for GBP/AUD

Written by James Baxter on Thursday, July 20, 2017. Currency News - Sterling / AUD

Yesterday’s high: AU$1.6449 Yesterday’s low: AU$1.6299 Pound edges 0.3% higher after jobs data The GBP/AUD exchange rate dropped to a fresh 3 ½ month low on Wednesday. During the Australasian session the Australian Dollar fell by over 0.3% against the Euro, US Dollar and Pound. The ‘Aussie’ closed local trading lower following the release of…(read more)

Further Losses for GBP/AUD after UK Inflation

Written by James Baxter on Wednesday, July 19, 2017. Currency News - Sterling / AUD

Today’s high: AU$1.6770 Today’s low: AU$1.6536 UK CPI Sends Pound Reeling After plummeting on the back of a hawkish set of meeting minutes from the Reserve Bank of Australia (RBA), the GBP/AUD exchange rate extended losses on Tuesday in reaction to the UK’s latest inflation figures. With an unexpected dip in consumer price pressures pushing…(read more)

GBP/AUD Plummets on RBA Minutes

Written by James Baxter on Tuesday, July 18, 2017. Currency News - Foremost Currency News - Sterling / AUD

Today’s high: AU$1.6770 Today’s low: AU$1.6536 Pound loses over 1% Against Australian Dollar The Australian Dollar soared following the release of minutes from the Reserve Bank of Australia’s (RBA) last policy meeting, with references to an ‘appropriate neutral interest rate’ indicating to some that the central bank is contemplating increasing borrowing costs. The GBP/AUD exchange…(read more)

GBP/AUD Slumps Ahead of RBA Minutes

Written by James Baxter on Monday, July 17, 2017. Currency News - Sterling / AUD

Last week’s high: AU$1.6982 Last week’s low: AU$1.6637 Falling Fed Rate Bets Benefit Australian Dollar The Pound hit a three-week low against the Australian Dollar towards the close of last week as consumer inflation expectations surged from 3.6% to 4.4% and boosted AUD exchange rates. Higher-risk currencies like the Australian Dollar also benefited as hopes…(read more)

GBP/AUD Falls Further

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

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD has fallen further over the last 24 hours despite there being no significant data releases from either country. The Aussie dollar has strengthened, along with the other commodity dollars, as investors favour risky assets over traditional safe-haven currencies, weakening the US dollar in the process….(read more)

GBP/AUD Flat as Both Currencies Strengthen

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

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD has traded within a fairly narrow range over the last 24 hours as both currencies have gained strength. The pound has benefitted from better than expected unemployment numbers released yesterday morning, while the Aussie has strengthened after strong Chinese trade numbers and a general weakening…(read more)

GBP/AUD Falls After Broadbent Speech

Written by James Baxter on Wednesday, July 12, 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 2 cents over the last 24 hours as the pound has lost significant ground across the board following a speech from the bank of England’s deputy governor, Ben Broadbent. Broadbent’s speech failed to shed any light on his stance on monetary policy…(read more)

© Copyright 2013 to 2017 | Foremost Currency Group Ltd | All rights reserved