Tag: Australian Dollar
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Pound quiet as GBP investors wait for upcoming data Daily Update
August 13 2024Pound (GBP) muted despite hawkish BoE remarks Hawkish comments from Bank of England (BoE) policymaker Catherine Mann failed to lift the pound (GBP) … read more
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FX weekly forecast: High-impact UK data to drive volatility in the pound Weekly Forecast
August 12 2024Pound (GBP) GBP investors will be kept on their toes by a slew of high-impact UK economic releases this week Data including the UK’s latest … read more
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Pound, euro and US dollar muted as market volatility subsides Daily Update
Pound (GBP) muted in absence of data The pound (GBP) was subdued on Friday, failing to find a clear trajectory amid a lack of UK economic data In … read more
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Pound crawls up from multi-month lows Daily Update
August 9 2024Pound (GBP) inches up from recent lows After touching multi-month lows against some peers, the pound (GBP) managed to creep slightly higher during … read more
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US dollar stumbles as risk appetite returns Daily Update
August 8 2024Pound (GBP) mixed in absence of data A lack of UK data left the increasingly risk-sensitive pound (GBP) to be driven by the market mood yesterday, … read more
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Pound Australian dollar (GBP/AUD) exchange rate extends losses as AU data impresses Australian Dollar (AUD) GBP to AUD Pound Sterling (GBP)
August 7 2024GBP/AUD exchange rate sinks as risk appetite improves The pound Australian dollar (GBP/AUD) exchange rate is trending down this morning, as the … read more
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Pound slides amid BoE rate cut bets and civil unrest Daily Update
Pound (GBP) extends downside amid BoE rate cut bets The pound (GBP) faced selling pressure yesterday as markets continued to price in the … read more
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Global market selloff drives significant currency volatility Daily Update
August 6 2024Pound (GBP) weakens amid BoE rate cut speculation The pound (GBP) fluctuated lower yesterday as a global market selloff fuelled bets that the Bank … read more
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FX weekly forecast: Market rout to underpin the US dollar? Weekly Forecast
August 5 2024Pound (GBP) UK economic data is in short supply this week As a result, the increasingly risk-sensitive pound (GBP) may be sensitive to market … read more
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US dollar plummets following weak jobs data Daily Update
Pound (GBP) claws back losses on BoE comments The pound (GBP) initially remained on the back foot on Friday as the Bank of England’s (BoE) … read more