Currency Forecasts

Category: monetary policy

GBP/AUD back above 1.71 ahead of the RBA interest rate meeting overnight

Sterling exchange rates have recovered back above the 1.71 level ahead of tomorrow’s interest rate meeting announced by the Reserve Bank of Australia (RBA). It is widely expected that the RBA will keep the base rate on hold at 1.5%…

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Political unrest and Brexit to dominate sterling vs Euro

Sterling is once again on the back foot. Followings its resurgence from 1.07 to 1.14 in just over a month, sterling is once again is falling due to political uncertainty within the Conservative Party and on-going issues surrounding Brexit. We…

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