GBP/AUD Falls After US Rate Announcement

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

GBP/AUD Falls After RBA Announcement

GBP/AUD Drops to 2.12 The Australian dollar has gained significant ground over the last week as expectations for the US interest rate hike have been pushed back and the RBA announced no change to monetary policy on Tuesday. As a result, the Australian dollar has gained around 8 cents on the pound, dropping from $2.20 … Read more GBP/AUD Falls After RBA Announcement

GBP/AUD rises after Federal Reserve minutes

GBP/AUD Back in the AU$1.82s The Australian dollar weakened on Thursday after the publication of the US Federal Reserve minutes on Wednesday evening. As a result, the pound has risen to trade in the low AU$1.82s at the time of writing. The graph below shows GBP/AUD movement over the last 24 hours.   The minutes from … Read more GBP/AUD rises after Federal Reserve minutes