Tag: Australian Dollar
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US dollar recovers as risk appetite falters Daily Update
September 26 2024Pound (GBP) uncertain amid lack of data The pound (GBP) traded without a clear direction yesterday as a lack of UK economic data left the currency … read more
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GBP/USD strikes 30-month high amid risk-positive mood Daily Update
September 25 2024Pound (GBP) supported by BoE Bailey’s ‘gradual’ rate cut comments The pound (GBP) was underpinned during yesterday’s session by comments … read more
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Pound Australian dollar (GBP/AUD) exchange rate muted following RBA interest rate decision Australian Dollar (AUD) GBP to AUD Pound Sterling (GBP)
September 24 2024Pound Australian dollar (GBP/AUD) exchange rate rangebound following RBA interest rate hold The pound Australian dollar (GBP/AUD) exchange rate is … read more
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GBP/EUR soars to new two-year high on abysmal Eurozone data Daily Update
Pound (GBP) wavers on mixed UK PMIs The pound (GBP) was subdued through yesterday’s session, following the release of a mixed UK services … read more
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FX weekly forecast: US dollar to extend selloff if inflation cools? Weekly Forecast
September 23 2024Pound (GBP) Movement in the pound (GBP) this week may be linked to the Labour party conference GBP investors will be hoping that the Labour … read more
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Pound finds fleeting gains as UK retail sales beat forecasts Daily Update
Pound (GBP) trims gains despite strong retail sales The pound (GBP) initially strengthened on Friday after the UK’s latest retail sales figure … read more
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Pound Australian dollar (GBP/AUD) exchange rate climbs on Sterling tailwinds Australian Dollar (AUD) GBP to AUD Pound Sterling (GBP)
September 20 2024The pound Australian dollar (GBP/AUD) exchange rate continues to firm today following a hawkish interest rate hold from the Bank of England (BoE) on … read more
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Pound supported as BoE leaves rates unchanged Daily Update
Pound (GBP) buoyed by BoE rate hold The pound (GBP) enjoyed some support yesterday after the Bank of England (BoE) voted overwhelmingly not to cut … read more
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GBP/USD touches 30-month high following bumper Fed rate cut Daily Update
September 19 2024Pound (GBP) climbs as UK CPI beats forecasts The pound (GBP) strengthened yesterday after the UK’s latest consumer price index exceeded … read more
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Pound Australian dollar (GBP/AUD) exchange rate strengthens on sticky UK inflation Australian Dollar (AUD) GBP to AUD Pound Sterling (GBP)
September 18 2024Pound Australian dollar (GBP/AUD) exchange rate rallies as hot UK inflation dampens BoE rate cut bets (Updated 16:15, 18/09/24) After a muted start … read more