A decrease of the indicator value may contribute to the fall in quotes of AUD.
GBPAUD
British pound / Australian dollar
Indicators
Chart
News GBPAUD
The Confederation of British Industry (CBI) reports that business confidence in the country's service sector has dropped to its lowest level in 2.5 years. The business sentiment index fell to -43% in May, down from -28% in February.
On Tuesday, the pound edged lower against the dollar. Nevertheless, the British currency held near the three-year high it reached on Monday, as relatively upbeat economic data lifted market sentiment, Reuters reports.
April inflation in Australia came slightly higher than analysts’ forecasts. The Australian Bureau of Statistics reports that the consumer price index remained at 2.4%, with economists having expected it to fall to 2.3%.
UK food inflation rose again in May, reaching its highest level in a year, according to updated official figures. The British Retail Consortium (BRC) reported that prices climbed 2.8%, up from 2.6% in April, marking the fourth consecutive monthly increase, led by fresh produce.
Event announcement GBPAUD
The AUD publication has been released
Retail Sales (MoM)
-0.1%
-0.0024 (3h. 58m.)
Opposite
Down
The GBP publication is expected
Manufacturing PMI
45.1
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GBPAUD economy
United Kingdom
Australia
Central Bank interest rate
Gross domestic product
Unemployment rate
Retail sales
Trade balance
Inflation
Business confidence