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Currency News - AUD

AUD currency update: GBP/AUD drops another 1.5%

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

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD has dropped another 1.5% over the last 24 hours as the pound continues losing ground as concerns mount over the UK’s potential ‘hard’ exit from the EU. As a result, sterling has dropped to a 31-year low against the US dollar and a 3-month low…(read more)

AUD currency update: GBP/AUD falls another 1.25%

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

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD has fallen another 1.25% over the last 24 hours as the pound continues losing ground across the board amid concerns over the UK’s potential hard exit from the European Union. Economic data from the UK has been fairly positive of late yet the pound continues…(read more)

AUD currency update: GBP/AUD trades within a tight range

Written by James Baxter on Thursday, January 12, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 With a lack of data from the UK and Australia, GBP/AUD traded within a tight range throughout the day, hitting a high of 1.6458 at mid-market. With another quiet day in the economic data calendar I would expect much of the same today. EUR/AUD suffered the…(read more)

AUD currency update: pound seems to have found its feet

Written by James Baxter on Wednesday, January 11, 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 the pound now seems to have found its feet after falling significantly on Monday. There are no data releases to note from Australia today but we have a raft of manufacturing and…(read more)

AUD currency update: threats of ‘hard’ Brexit still play havoc with rates

Written by James Baxter on Tuesday, January 10, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD has continued on its downward trajectory over the last 24 hours as concerns over the UK’s potential ‘hard’ exit from the European Union weigh heavily on the pound, forcing it lower against most of its major counterparts. In fact, it’s only the Turkish Lira that…(read more)

AUD currency update: GBP/AUD drops after May announces Britain will give up access to single market

Written by James Baxter on Monday, January 9, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD has dropped around one percent overnight after UK Prime Minister Theresa May announced that Britain would give up access to the single market in an effort to curb immigration. As a result, sterling has tumbled against most of its major counterparts, the Aussie included. There…(read more)

AUD currency update: GBP makes modest gains against AUD

Written by James Baxter on Friday, January 6, 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, trading within a one cent range. The pound made modest gains against its Australian counterpart yesterday morning after better than expected Services PMI figures boosted the pound against most of its counterparts. There is little data…(read more)

AUD currency update: GBP/AUD falls over concerns over Brexit

Written by James Baxter on Thursday, January 5, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD has fallen this morning as concerns over the UK’s exit from the EU resurface, forcing the pound down in the process. Today we have the release of the latest services PMI numbers from the UK which are considered the most important of the PMI releases…(read more)

AUD currency update: better than expected economic data fuels optimism over global economic growth

Written by James Baxter on Wednesday, January 4, 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 one percent over the last 24 hours amid rising risk appetite after better than expected economic data from Asia, the US and Europe fuelled optimism over global economic growth. As a result, the Australian dollar made decent gains against the pound, dropping…(read more)

AUD currency update: Markets reopen as GBP/AUD falls one percent

Written by James Baxter on Tuesday, January 3, 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 one percent over the last 24 hours after markets reopened following the festive period. This morning we have the release of manufacturing PMI figures from the UK which may create some movement in sterling crosses. We have the same release from the…(read more)

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