Pound to Euro Forecast | Pound to Dollar Forecast | Euro to Dollar Forecast | Pound to Australian Dollar Forecast | Pound to New Zealand Dollar Forecast | Pound to Canadian Dollar Forecast
The Pound-Australian Dollar exchange rate's relentless short-term decline extends, as markets eye a potential surge in Chinese demand for Aussie iron ore, coal and other related commodities.
May 19,2020
Foreign exchange strategists at global investment bank TD Securities tell clients they are not buying into the strong rally in risk assets at the start of the new week, and look to sell the Australian Dollar as an expression of this view.
May 18,2020
Pound Sterling remains entrenched in a multi-week sell-off against the Australian Dollar, leading us to retain a bearish stance on the GBP/AUD exchange rate at the start of the week.
May 18,2020
The Australian Dollar fell Friday as investors responded to an exchange of fire between the U.S. and China, which offered temporary support to the Pound-Aussie rate although the outlook for Sterling is darkening so the British currency could be at risk of steeper losses up ahead.
May 17,2020
The Pound-Australian Dollar rate was in recovery mode Thursday and could be lifted back to 1.94 by weakness in the antipodean currency over the coming days, although the sell-off is not yet over and could easily resume if the AUD/USD rate is able to recover its footing.
May 14,2020
The Australian Dollar was seen trading lower in the wake of data showing a surge in unemployment during April owing to the coronacrisis, and economists say the unemployment rate should continue to rise over coming weeks.
May 14,2020
The Australian Dollar is trading lower against its G10 peers at the time of writing courtesy of a softer tone to global stock markets, but we are told by one analyst that markets are likely to remain resilient and this should in turn ultimately support the Aussie currency.
May 12,2020
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