Tag: Australian Dollar
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Pound shrugs off disappointing UK borrowing figures Daily Update
August 22 2024Pound (GBP) firms in spite of UK borrowing concerns The pound (GBP) ticked higher on Wednesday, despite data showing that UK government borrowing … read more
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Pound Australian dollar (GBP/AUD) exchange rate trends sideways as risk appetite wanes Australian Dollar (AUD) GBP to AUD Pound Sterling (GBP)
August 21 2024GBP/AUD exchange rate movement limited amid data dearth The pound Australian dollar (GBP/AUD) exchange rate is trading in a narrow range this … read more
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US dollar strikes new multi-month lows in upbeat trade Daily Update
Pound (GBP) buoyed by UK economic optimism The pound (GBP) trended broadly higher yesterday, with Sterling sentiment strengthening amid UK economic … read more
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EUR/USD strikes year-to-date high on dovish Fed remarks Daily Update
August 20 2024Pound (GBP) muted amid BoE speculation The pound (GBP) traded sideways through yesterday’s session as GBP investors continued to adjust their … read more
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FX weekly forecast: US dollar to sink on dovish shift by Fed at Jackson Hole? Weekly Forecast
August 19 2024Pound (GBP) The UK’s preliminary PMIs for August will likely be the main focus for GBP investors this week These are expected to report an … read more
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US dollar stumbles as risk appetite improves Daily Update
Pound (GBP) trims gains after recovering retail sales The pound (GBP) strengthened as Friday’s session started, thanks to a 05% recovery in UK … read more
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US dollar recovers on stronger retail sales Daily Update
August 16 2024Pound (GBP) buoyed by upbeat UK GDP The pound (GBP) attracted some bids yesterday thanks to a solid 06% expansion in the UK economy in the second … read more
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Pound and US dollar dented by softer inflation readings Daily Update
August 15 2024Pound (GBP) slips as inflation misses forecasts The pound (GBP) fell yesterday after the UK’s consumer price index came in lower than expected, … read more
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Pound rallies as UK jobs data beats forecasts Daily Update
August 14 2024Pound (GBP) strengthens on upbeat employment data The pound (GBP) jumped yesterday after stronger-than-forecast UK jobs data dampened expectations … read more
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Pound Australian dollar (GBP/AUD) exchange rate flat following UK and Australian data Australian Dollar (AUD) GBP to AUD Pound Sterling (GBP)
August 13 2024Pound Australian dollar (GBP/AUD) exchange rate muted despite several upbeat data releases The pound Australian dollar (GBP/AUD) exchange rate is … read more