Pounds to Australian Dollar exchange rates

Pounds to Australian Dollar exchange rates Good morning, Yesterday saw the Pound push above 1.90 against the Australian Dollar (the highest in 5 years) following overnight Australian unemployment figures. Whilst the pound continues to weaken against the US Dollar it remains attractive amongst most other currencies. Today in the UK we have the construction figures […]

Pounds to Australian Dollars – where next?

Pounds to Australian Dollars Good afternoon, Mark Carney may reveal tomorrow if he’s willing to turn the key on discussions the Bank of England keeps behind closed doors. A change in policy would mark another step in Carney’s ongoing revolution at the central bank, and might also be an opportunity to unveil any possible wider […]

US Retail Sales will be key today as the US economy continues its upwards momentum

US Retail Sales will be key today as the US economy continues its upwards momentum. US Dollar exchange rate In the US today the August retail sales data will give the latest reading on the strength of the US economy in Q3.  While most US data has surprised on the upside, July retail sales were […]

Australian Dollar outlook improves as Westpac drops rates cut call

Hi All, Australian Dollar outlook improves as Westpac drops rates cut call. The Australian Dollar outlook is finely balanced at the moment but the need for the RBA to not cut rates further will help its cause. The Pounds to Australian dollar rate is currently 1.8300 and Euros to Australian Dollars still around the 1.5500. […]

Foreign exchange traders buy Australian Dollar exchange rate up on good news

Hi All, Foreign Exchange Traders were buying Australian Dollars today after much better than expected Jobs numbers. The jobs numbers caught forex traders by surprise (including myself) after rising 3 times more than expected and as a result the Australian Dollar to US dollar is now expected to head back above 0.9100 in the coming […]

Currency Exchange Rate News 13-03-2014

Overnight Currency News Us Dollar Exchange Rate The dollar has weakened off this morning due to US data to be released this afternoon ‘Retail sales and Initial jobless claims’. Stanley Fischer, nominee to be Federal Reserve Chair Janet Yellen’s deputy, said the U.S. economy still needs stimulus to combat unemployment ahead of a report projected […]

Australian dollar exchange rate weakens further

The Australian dollar weaken again today against the pounds after weaker than expected economic figures. Australian economic sentiment was worse than feared and suggesting the economy woes are still not quite behind them Especially after the weekends auctions clearance rates on home sales fell also. This is may give the RBA a little more wiggle […]