Currency Forecasts

Category: Better exchange rates


Pound Vs Australian Dollar: RBA cut interest rates, what now for the AUD?

Pound vs Australian Dollar

Pound Vs Australian Dollar exchange rates fell against the Australian Dollar overnight following an interest cut by the RBA (Reserve Bank of Australia) by 0.25%. This has brought Australia’s base rate to a record low of 1% This was very…

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GBP/NZD rallies following central bank statement

GBP/NZD exchange rates have rallied nearly 2% today moving from 1.91 to a high of 1.9476 following the latest interest rate decision and accompanying statement from the Reserve Bank of New Zealand (RBNZ). This makes a significant difference on an…

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Inflation levels keep the pound on the back foot

Pound exchange rates have fallen to their lowest levels against the Euro since March. This comes following lower than expected inflation figures. The market was expecting a release of 2.6% but with a release of 2.4% this all but guarantees…

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GBP Forecast – will we see a rate hike in August?

Bank of England

As forecast by my colleague Alastair rates have pushed back through the 1.14 level today following the latest Bank of England interest rate meeting. As expected, the central bank held its key base rate on hold at 0.5% but it…

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What could impact sterling exchange rates this week? GBPEUR, GBP/USD, GBP/AUD

As we start another busy trading week I will outline below would data could impact sterling exchange rates this week. It is a busy week with much of the notable data scheduled towards the latter part of the working week….

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