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Pound Sterling-Australian Dollar Exchange Rate: 1.9785 (1.02%) Charts
Australian Dollar-Pound Sterling Exchange Rate: 0.5054 Charts

The Australian Dollar Hits Decade Low but It's

The Australian Dollar Hits Decade Low but It's "Not Cheap" Says Westpac


The Australian Dollar hit its lowest level since March 2009 Wednesday as investors continued to count the possible cost to the global economy from the spread of the new coronavirus, although strategists at Westpac have preemptively told clients the antipodean…

Key Statistics
Live GBP/AUD Exchange Rate: 1.9785
Daily Change: 1.0233%
Opening Rate: 1.9584
Today's Low: 1.9575
Today's High: 1.9828
Low of the Past Year: 1.7561 (31-07-2019)
High of the Past Year : 1.9752 (01-02-2020)
Relative Performace
1 Day
1 Week
1 Month
This Year
Past Year
5 Years
10 Years

vs G10

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* 1 Week = past 5 trading days, 1 Month = past 20 trading days, This Year = 2020, Past Year = Past 365 Days

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The Australian Dollar Hits Decade Low but It's "Not Cheap" Says Westpac

  • Written by James Skinner

The Australian Dollar hit its lowest level since March 2009 Wednesday as investors continued to count the possible cost to the global economy from the spread of the new coronavirus, although strategists at Westpac have preemptively told clients the antipodean currency is "not cheap."  

Read more ...

Australian Dollar Week-Ahead Forecast: Weak Momentum Amidst Coronavirus Fears and Unconvincing Domestic Data

  • Written by Gary Howes

Australian Dollar week ahead forecast

The Australian Dollar is mixed at the start of the new week, trading lower against the traditional 'safe haven' currencies such as the Dollar, Yen and Franc amidst a resurgence of coronavirus jitters in global markets. However the Australian unit is notching up some gains against the likes of Sterling and the Canadian Dollar.

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Australian Dollar Turns to Jobs Data as Market Eyes RBA Pricing 

  • Written by James Skinner

The Australian Dollar shifted onto the front foot amid a rebound in risk appetite Wednesday but will be confronted in the overnight session by January jobs data that risks prompting a reversal of the recent repricing of the Reserve Bank of Australia (RBA) interest rate outlook. 

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Pound-Australian Dollar 5-Day Forecast: Supported at 1.92

  • Written by Gary Howes

AUD

The Aussie gained at the start of the new week amidst news that the People's Bank of China introduced fresh stimulus measures to try and offset the negative impact to the economy of the coronavirus outbreak. The PBoC offered RMB 200B of one-year MLF loans today, lowering the rate charged by 10bp to 3.15%.

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Pound-Australian Dollar Exchange Rate Forecast to Remain Supported

  • Written by Gary Howes

Aussie Dollar exchange rates

The Australian Dollar is however the week's second best performing major amidst declining expectations for an interest rate cut at the RBA, but we are told by one leading foreign exchange analyst the Aussie Dollar will struggle over the course of the first half of 2020, suggesting further GBP/AUD advances are possible.

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