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Currency News - AUD

GBP/AUD Exchange Rate Falls despite UK Services Expanding

Written by Alastair Archbold on Tuesday, May 7, 2019. Currency News - Sterling / AUD

Last week’s high: AU$1.8650 Last week’s low: AU$1.8315   Australian Dollar Rises despite Sharp Fall in Building Approvals On Tuesday, China’s Caixin manufacturing PMI slipped below expectations damaging sentiment in the risk-sensitive ‘Aussie’. However, further face-to-face US-China discussions continued, which were labelled by US Trade Secretary Steven Mnuchin as ‘productive’. This caused an increase in…(read more)

Speculation over RBA Cutting Interest Rates Helps GBP/AUD Advance

Written by Alastair Archbold on Monday, April 29, 2019. Currency News - Sterling / AUD

Last week’s high: AU$1.8441 Last week’s low: AU$1.8156   GBP/AUD Registers Gains on ‘Aussie’ Weakness despite Lack of Drive in Pound Movement Last week was another one of Brexit uncertainties leaving investors hesitant to move much on the Pound. Even as Parliament returned from its Easter recess, investors felt there would be no fresh Brexit…(read more)

GBP/AUD Exchange Rate Slides despite Brexit Delay

Written by Alastair Archbold on Monday, April 15, 2019. Currency News - Sterling / AUD

Last week’s high: AU$1.8428 Last week’s low: AU$1.8246   Pound Volatility Fades as UK Avoids No-Deal Brexit, for Now Trade in the Pound Australian Dollar exchange rate was notably more subdued last week, with the pairing not experiencing the dramatic swings seen in recent weeks as Brexit was delayed by another six months. However despite…(read more)

GBP/AUD Fluctuates as Brexit Limbo Hampers Pound

Written by Alastair Archbold on Monday, April 8, 2019. Currency News - Sterling / AUD

Last week’s high: $1.88302 Last week’s low: $1.72951   Australian Dollar Gains against Sterling Plagued by Brexit Uncertainty The Pound Australian Dollar exchange rate fluctuated wildly last week following the second round of ‘indicative votes’, which were once again entirely rejected by Parliament. This left the Pound hanging at the beginning of the week, as…(read more)

GBP/AUD Exchange Rate Rocked by Heightened Brexit Uncertainty

Written by Alastair Archbold on Monday, April 1, 2019. Currency News - Sterling / AUD

IfLast week’s high: AU$1.8725 Last week’s low: AU$1.8344   Pound Struggles as Brexit Uncertainty Reaches Fever Pitch The Pound Australian Dollar exchange rate traded in a wide range last week as Brexit drama continued to dominate Sterling sentiment. The highlights in the ongoing Brexit saga included a jump in Sterling on Wednesday after Theresa May…(read more)

GBP/AUD Recovers from Worst Levels

Written by Arron Morris on Monday, March 25, 2019. Currency News - Sterling / AUD

Last week’s high: $1.8777 Last week’s low: $1.8356 Australian Dollar Bolstered by Improving Chinese Economy The Pound Australian Dollar (GBP/AUD) exchange rate struggled last week as Brexit developments lead to a shorter extension to Article 50 than hoped for, while pressure was also increasingly applied on MPs to back Prime Minister Theresa May’s withdrawal agreement…(read more)

GBP/AUD Exchange Rate Climbs to Post-Referendum High Following Tense Week of Brexit Votes

Written by Alastair Archbold on Monday, March 18, 2019. Currency News - Sterling / AUD

Last week’s high: AU$1.8864 Last week’s low: AU$1.8398   Pound Experiences Wild Swings as Brexit Drama Unfolds Trade in the Pound to Australian Dollar was erratic last week in response to a series of Parliamentary votes that saw MPs reject Theresa May’s withdrawal deal and the possibility of a no-deal Brexit, while voting to delay…(read more)

GBP/AUD Unable to Hold onto Highs amid Fresh Brexit Uncertainty

Written by Alastair Archbold on Monday, March 11, 2019. Currency News - Sterling / AUD

Last week’s high: AU$1.8752 Last week’s low: AU$1.8528 Brexit Uncertainty Helps ‘Aussie’ to Recover from Worst Levels Last week saw mixed movement in the Pound to Australian Dollar exchange rate. At some points, weak Australian growth data and market risk-aversion made it easier for the Pound to Australian Dollar exchange rate to climb. This helped…(read more)

GBP/AUD Slips from Best Level since Brexit Vote Ahead of Major Australian Data

Written by Alastair Archbold on Monday, March 4, 2019. Currency News - Sterling / AUD

Last week’s high: AU$1.8713 Last week’s low: AU$1.8198   GBP/AUD Sees Best Level since June 2016 amid Brexit Hopes and Mixed Risk-Sentiment Due to a combination of fresh Brexit hopes and some weaker market demand for risk sensitive currencies in the middle of the week, the Pound to Australian Dollar exchange rate soared so high…(read more)

GBP/AUD Exchange Rate Rallies on US-China Trade Optimism

Written by David Worthington on Monday, February 25, 2019. Currency News - Sterling / AUD

Last week’s high: AU$1.8444 Last week’s low:  AU$1.8043 Australian Dollar Rallies Ahead of Trump-Liu Meeting Last week the Pound Australian Dollar (GBP/AUD) exchange rate started the session on a low, as the ‘Aussie’ saw an upswing of support and Chinese stocks surged to a six-month high. Sterling rose against AUD on Tuesday as UK unemployment…(read more)

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