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Pound Sterling-Australian Dollar Exchange Rate: 1.8947 (-0.05%) Charts
Australian Dollar-Pound Sterling Exchange Rate: 0.5278 Charts

Australian Dollar Tipped to Fall Further after Jobs Data Brings RBA Quantitative Easing into View

Australian Dollar Tipped to Fall Further after Jobs Data Brings RBA Quantitative Easing into View


The Australian Dollar tanked Thursday and is tipped for more losses ahead after the October jobs report revealed a surprise increase in the jobless rate that has incited fresh bets the Reserve Bank of Australia (RBA) will cut its cash…

Key Statistics
Live GBP/AUD Exchange Rate: 1.8947
Daily Change: -0.0485%
Opening Rate: 1.8957
Today's Low: 1.8943
Today's High: 1.8957
Low of the Past Year: 1.7289 (03-12-2018)
High of the Past Year : 1.8987 (16-11-2019)
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* 1 Week = past 5 trading days, 1 Month = past 20 trading days, This Year = 2019, Past Year = Past 365 Days

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Australian Dollar Tipped to Hit Decade Low ahead of More RBA Cuts

  • Written by James Skinner

The Australian Dollar was crushed Thursday in the wake of an August jobs report that showed the unemployment rate rising, which is tipped by Wesptac to incite further interest rate cuts from the Reserve Bank of Australia (RBA) in the months ahead and a return to a decade-long low by the antipodean currency this month. 

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