James Baxter Senior Currency Broker T: 01442 892 062 E: [email][email protected][/email] GBP/AUD Trading at 1.95 The GBP/AUD has been pretty volatile this week as concerns over the outcome of the EU referendum, and choppy trade for the commodities currencies, has pulled GBP/AUD around like a currency tug o’war. The graph below shows GBP/AUD movement over … Read more GBP/AUD Choppy over Referendum Fears
James Baxter Senior Currency Broker T: 01442 892 062 E: [email][email protected][/email] GBP/AUD Drops to 1.95 Monday saw the pound drop to its lowest level in 9 months against the Australian dollar, suffering its worst daily loss in 6 years. The GBP/AUD had been trading comfortably above $2 for most of last year but has recently … Read more GBP/AUD Falls to 9-Month Low
James Baxter Senior Currency Broker T: 01442 892 062 E: [email][email protected][/email] GBP/AUD Drops as AUD Strengthens The Australian dollar has strengthened over the last few days as the global stock market rally has improved risk appetite, with investors moving away from traditional safe-havens and into higher yielding currencies; the Aussie dollar being one of them. … Read more GBP/AUD Falls as Stock Markets Rally
James Baxter Senior Currency Broker T: 01442 892 062 E: [email][email protected][/email] GBP/AUD Falls to 2.02 The pound dropped fairly significantly against most of its main counterparts on Thursday after a more dovish than expected quarterly inflation report from the Bank of England. Against the euro, the pound dropped back into the 1.20’s and had dropped … Read more GBP/AUD Falls After Bank of England Inflation Report
James Baxter Senior Currency Broker T: 01442 892 062 E: [email][email protected][/email] GBP/AUD Rises to 2.08 The Australian dollar has continued to fall against most of its major counterparts as the economic situation in China appears to be deteriorating. The Chinese had to suspend trading on their stock market on Thursday for the second time in … Read more GBP/AUD Rises Further as China Wobbles
James Baxter Senior Currency Broker T: 01442 892 062 E: [email][email protected][/email] GBP/AUD Trading at 2.05 After a quiet period over Christmas and New Year, GBP/AUD has started 2016 on a choppy note as concerns over the Chinese economy continue to dictate movement in the Australian dollar. The graph below shows GBP/AUD movement over the last … Read more GBP/AUD Choppy on Chinese Concerns
James Baxter Senior Currency Broker T: 01442 892 062 E: [email][email protected][/email] GBP/AUD Choppy After Federal Reserve Announcement The Australian dollar has gained ground against its UK counterpart after the US Federal Reserve announced an interest rate rise on Wednesday evening. Janet Yellen and Co. announced a 0.25% increase to the US base rate, the first … Read more GBP/AUD Falls After US Rate Announcement
James Baxter Senior Currency Broker T: 01442 892 062 E: [email][email protected][/email] GBP/AUD Drops to 2.05 The Australian dollar has continued its impressive run against the pound after the release of better than expected Australian GDP figures and an upbeat speech by the president of the Reserve Bank of Australia, Glenn Stevens. The graph below shows … Read more GBP/AUD Falls After Better GDP Figures
James Baxter Senior Currency Broker T: 01442 892 062 E: [email][email protected][/email] GBP/AUD Falls as Sterling Weakens The pound has had a rough few days as government borrowing figures on Friday sent the UK sliding against it’s major counterparts. A speech delivered by Mark Carney on Tuesday morning also weighed heavily on the pound, pushing GBP/AUD … Read more GBP/AUD Drops Below 2.10
GBP/AUD Falls to 2.13 The Australian dollar has gained around 1% against the pound sterling after better than expected jobless figures from Australia gave the local currency a welcome boost. The figures have poured cold water on speculation that the Reserve Bank of Australia would be looking to further loosen monetary policy at its next … Read more GBP/AUD Falls After Better Aussie Jobless Figures