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A round up of the latest Australian Dollar forecast news items from the Currency News desk.

GBP/AUD Outlook: Pound Targets 4-Year Best vs Australian Dollar

10 Dec 2024 at 8 AM - Written by Tim Boyer

Stronger expectations of a Reserve Bank of Australia (RBA) interest rate cut in the first quarter of 2025 undermined the Australian dollar on Tuesday. The Australian dollar to dollar (AUD/USD) exchange rate dipped to just below 0.6400 and close to 4-month lows. The Pound to Australian dollar (GBP/AUD) exchange rate strengthened to...

CATEGORIES: Pound Australian Dollar Forecasts

Australian Dollar Bid as CPI Beat Opens the Door for a Rate Hike

26 Jun 2024 at 5 PM - Written by David Woodsmith

Inflation has risen steadily from a February low of 3.4% and will be a major concern for the RBA. Markets have priced in a 50% probability of a rate hike by September and this has boosted the Australian Dollar. ‘Risk off’ is the theme on Wednesday as stock markets in Europe and the US drift lower by around –0.3% ahead of the...

CATEGORIES: Australian Dollar Forecasts

Pound to Australian Dollar Forecast: GBP/AUD Dips on RBA Rate-Hike Warning

19 Jun 2024 at 7 AM - Written by David Woodsmith

The Reserve Bank of Australia (RBA) held interest rates at 4.35%, in line with consensus forecasts and there were no updated forecasts at this meeting. Comments from Governor Bullock were, however, more hawkish than expected which helped underpin the Australian currency amid further warnings that interest rates may have to...

CATEGORIES: Pound Australian Dollar Forecasts

Australian Dollar: Inflation Rises to 3.6% and Sparks Speculation of Further Hikes

29 May 2024 at 5 PM - Written by David Woodsmith

The RBA have their work cut out getting inflation under control. April’s CPI figures were higher than expected and rose across a number of sectors. Rate cuts look unlikely this year and speculation is growing the next move may be a hike if data continues to disappoint. Inflation remains the market’s main focus and the...

CATEGORIES: Australian Dollar Forecasts

Australian Dollar Slips as RBA Keep Options Open: Pound to AUD Forecast

7 May 2024 at 5 PM - Written by John Cameron

Tuesday’s RBA meeting was the first central bank meeting of the week, with the BoE due on Thursday. The RBA were relatively hawkish and hikes are still on the table. However, the slowing economy makes further tightening unlikely and the Australian Dollar fell following the meeting. Markets have maintained the bullish momentum...

CATEGORIES: Pound Australian Dollar Forecasts

Australian Dollar 2024-2025 Forecast: AUD/USD to Strengthen to 0.71 say MUFG

11 Jan 2024 at 2 PM - Written by David Woodsmith

The Pound to Australian dollar (GBP/AUD) exchange rate challenged 3-week highs at 1.9025 in immediate response to the latest inflation data, but there was a sharp retracement later in the session with GBP/AUD dipping to 1.8940 before settling around 1.8965. The Australian dollar to US dollar (AUD/USD) exchange rate traded just above...

CATEGORIES: Australian Dollar Forecasts

Australian Dollar Forecast 2024: Strengthen to 0.70 by 2025 say BNP Paribas, Rabobank

21 Dec 2023 at 6 PM - Written by Ben Hughes

Australian Dollar Exchange Rates Take Advantage of Easier Financial Conditions, GBP/AUD Hits 5-Month Lows Expectations of Federal Reserve rate cuts during 2024 have been crucial in boosting the Australian dollar, especially with expectations that the Reserve Bank of Australia will be slow in relaxing monetary policy. The Australian...

CATEGORIES: Australian Dollar Forecasts

Pound to Australian Dollar Rate Posts 2-Week Highs above 1.92 on RBA Hold

6 Dec 2023 at 2 PM - Written by David Woodsmith

Australian Dollar Dips as Reserve Bank of Australia Holds Rates at 4.35%, GBP/AUD Posts 2-Week Highs above 1.92 The Australian dollar dipped after the Reserve Bank of Australia (RBA) decision with the Australian dollar to US dollar (AUD/USD) exchange rate dipping to below 0.6600 and trading around 0.6580. The Pound to Australian dollar...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Sterling loses out to Australian and New Zealand Dollars as Global Risk Appetite Surges

16 Nov 2023 at 8 AM - Written by Toni Johnson

The Australian and New Zealand dollars both benefitted from a surge in risk appetite following the benign US inflation data and the Australian dollar also drew support from the latest wages data. Chinese data releases also triggered an element of optimism surrounding the economic outlook which also underpinned the Australian and New...

CATEGORIES: Pound Australian Dollar Forecasts Pound New Zealand Dollar Forecasts Pound Sterling Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Spikes Despite RBA Hike

7 Nov 2023 at 11 AM - Written by Toni Johnson

The Pound Australian Dollar (GBP/AUD) exchange rate spiked to the best conversion in a week after the Reserve Bank of Australia (RBA) increased interest rates to 4.35% at the latest policy meeting, in line with consensus forecasts. Despite a brief spike on the decision, the Australian currency declined sharply. The Australian dollar...

CATEGORIES: Pound Australian Dollar Forecasts