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Currency News - AUD

AUD Currency Update – Aussie dollar struggles during yesterdays trading

Written by James Baxter on Thursday, May 25, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 The Australian Dollar struggled during early trading yesterday after it was announced that Chinas credit rating had been cut by Moodys. This slowdown in China had a direct effect on one of Australias main exports, Iron Ore, which has been slowly losing value over the past…(read more)

AUD currency update: GBP/AUD at its best rate for 9 months

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

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD is currently at 1.74 mid-market, which is around the best we’ve seen this pair in 9 months, and a good 15 cents higher than just a few months ago. EUR/AUD is also at its best since last June as the single currency has gained strength…(read more)

AUD currency update: GBP/AUD trading within a tight range after markets reopen

Written by James Baxter on Monday, May 22, 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 tight range this morning after markets reopened following the weekend break. There are no data releases to note from either country today so we may be in for a quiet start to the week for the currency pair. In fact, it…(read more)

AUD currency update: UK Retail Sales Figures give pound a short lived boost

Written by James Baxter on Friday, May 19, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD rose yesterday after better than expected retail sales figures from the UK gave the pound a welcome boost. However, sterling’s gains were short lived and the currency pair subsequently trickled back down over the course of yesterday afternoon. There are no data releases to note…(read more)

AUD currency update: Much better than expected unemployment data

Written by James Baxter on Thursday, May 18, 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 percent over the last 24 hours after the publication of much better than expected unemployment data from Australia in the early hours of this morning. The figures showed unemployment had dropped from 5.9% to 5.7% and the Australian currency strengthened…(read more)

AUD currency update: Higher than expected inflation figures from the UK weakens the pound

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

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD fell around one cent yesterday after higher than expected inflation figures from the UK weakened the pound across the board. The Aussie dollar has also weakened this morning as consumer confidence figures from Australia missed expectations, pushing GBP/AUD back up to where it was yesterday…(read more)

AUD currency update: GBP/AUD remains around the 1.74 mark

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

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD has remained around the 1.74 mark over the last 24 hours as there were no data releases to note from either country yesterday. The minutes from the Reserve Bank of Australia’s latest policy meeting, released this morning, have had little impact on the strength of…(read more)

AUD currency update: GBP/AUD falls around half a cent

Written by James Baxter on Monday, May 15, 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 the markets reopened following the weekend break. Weaker housing data from Australia this morning has had little impact on the strength of the Australian currency and the Aussie has actually gained strength against its UK counterpart….(read more)

AUD currency update: GBP/AUD opens this morning unchanged

Written by James Baxter on Wednesday, May 10, 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 day, opening this morning unchanged over the last 24 hours. The release of Australia’s budget yesterday morning has had little impact on the Australian currency and there were no data releases to note from the UK yesterday. There…(read more)

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