Currency Forecasts
Category: will rate go up or down
GBP/AUD forecast – political turmoil hurting the Australian Dollar
AUD exchange rates have fallen in recent days following political infighting. This turmoil has lead to Scott Morrison being sworn in as Australia’s next Prime Minister. This brings to end a bitter feud within the Australian government, creating a fall…
Read MorePound/Euro rises to €1.20 on ECB rate cut hint
Wednesday 20th November 2013 So the Bank of England news this morning was a bit of a damp squib, with all 9 members voting to hold QE and interest rates, so didn’t have much effect on exchange rates. However, the Pound/Euro…
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