{"id":101013,"date":"2020-06-10T05:00:18","date_gmt":"2020-06-10T09:00:18","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=101013"},"modified":"2020-06-10T09:02:30","modified_gmt":"2020-06-10T13:02:30","slug":"103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\/","title":{"rendered":"GBP\/AUD: Aussie Dollar Advances As Consumer Confidence Rebounds Strongly"},"content":{"rendered":"<ul>\n<li><strong>Australian consumer confidence back at pre-coronavirus levels<\/strong><\/li>\n<li><strong>Australian \u2013 China tensions keep investors jittery<\/strong><\/li>\n<li><strong><a href=\"https:\/\/currencylive.com\/exchange-rate\/gbp-pound-sterling-live-exchange-rate\/\">Pound<\/a> (GBP) weighs up reopening optimism vs BoE keeping negative rates in mind<\/strong><\/li>\n<li><strong>At 08:15 UTC, <a href=\"https:\/\/currencylive.com\/exchange-rate\/gbp-to-aud-exchange-rate-today\/\">Pound to Australian Dollar<\/a> (GBP\/AUD) is trading -0.2% at 1.8250<\/strong><\/li>\n<\/ul>\n<p>The <a href=\"https:\/\/currencylive.com\/exchange-rate\/aud-australian-dollar-live-exchange-rate\/\">Australian Dollar<\/a> is moving cautiously higher versus the Pound, clawing back losses from the previous session. The Pound Australian Dollar exchange rate closed +0.9% at 1.8288, after easing back from a 1 week high of 1.8336.<\/p>\n<p>At 08:15 UTC, GBP\/AUD is trading -0.2% at 1.8250, this is towards the lower end of the daily traded range of 1.8226 \u2013 1.8336.<\/p>\n<div class=\"su-button-center\"><a href=\"https:\/\/currencylive.com\/exchange-rate\/gbp-to-aud-exchange-rate-today\/\" class=\"su-button su-button-style-flat button-internalbutton\" style=\"color:#ffffff;background-color:#f92658;border-color:#c81f47;border-radius:5px\" target=\"_self\"><span style=\"color:#ffffff;padding:0px 22px;font-size:17px;line-height:34px;border-color:#fb688b;border-radius:5px;text-shadow:none\"> Check real time GBP to AUD exchange rate<\/span><\/a><\/div>\n<p>The Australian Dollar is moving tentatively higher, boosted by a cautiously optimistic mood in the market and following encouraging domestic data. The Westpac Consumer Confidence Index rose 6.3% to 93.7 in June, up from May\u2019s 88.1. The data revealed that sentiment has recovered and is back around pre-coronavirus levels. Confidence has been buoyed by the government\u2019s success in bringing covid-19 outbreak under control and the further easing of lockdown measures.<\/p>\n<p>Whilst domestic data is supporting the Aussie Dollar, anxieties over Australian \u2013 Chinese relations still linger. Australian Trade Minister S. Birmingham raised concerns over the economic outlook if Chinese students opted to stay away from Australian universities. His concerns come after China warned Chinese students against going to study in Australia for reasons of racism. This is just the latest escalation of tensions following Australia\u2019s support of an independent inquiry into the origins of coronavirus and its spread in China.<\/p>\n<p>China is Australia\u2019s principal trading partner so any souring of relations could come with serious economic consequences for Australia.<\/p>\n<p>The Pound is trading mixed versus its major peers as investors weigh up comments from Bank of England\u2019s deputy governor John Cunliffe over negative interest rates, with optimism surrounding the reopening of the UK economy.<\/p>\n<p>The British Business Secretary Alok Sharma confirmed that all shops are able to reopen on 15<sup>th<\/sup> June. Drive in cinema\u2019s, zoos and safari parks will also be able to reopen. As restrictions are eased, consumers will be able to start spending again. This is extremely important for the UK economy which is so heavily dependent on the consumer.<\/p>\n<p>There is no high impacting UK data due for release today. Investors will look ahead to Friday\u2019s GDP figures, which are expected to show the UK economy contracted -18.4% in April, down from -5.8% in March.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Australian consumer confidence back at pre-coronavirus levels Australian \u2013 China tensions keep investors jittery Pound (GBP) weighs up reopening optimism vs BoE keeping negative rates in mind At 08:15 UTC, Pound to Australian Dollar (GBP\/AUD) is trading -0.2% at 1.8250 The Australian Dollar is moving cautiously higher versus the Pound, clawing back losses from the [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":4990,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1547,1379],"tags":[1540,1541,1399,1435,1394,1409,1391],"class_list":{"0":"post-101013","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-aud","8":"category-gbp","9":"tag-aud","10":"tag-australian-dollar","11":"tag-china","12":"tag-consumer-confidence","13":"tag-gbp","14":"tag-gdp","15":"tag-pound"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/AUD: Aussie Dollar Advances As Consumer Confidence Rebounds Strongly - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"GBP\\\/AUD: Aussie Dollar Advances As Consumer Confidence Rebounds Strongly\",\"datePublished\":\"2020-06-10T09:00:18+00:00\",\"dateModified\":\"2020-06-10T13:02:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\\\/\"},\"wordCount\":432,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100705-gbp-eur-uk-austerity-budget.jpg\",\"keywords\":[\"aud\",\"australian dollar\",\"china\",\"consumer confidence\",\"gbp\",\"gdp\",\"pound\"],\"articleSection\":[\"AUD\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\\\/\",\"name\":\"GBP\\\/AUD: Aussie Dollar Advances As Consumer Confidence Rebounds Strongly - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100705-gbp-eur-uk-austerity-budget.jpg\",\"datePublished\":\"2020-06-10T09:00:18+00:00\",\"dateModified\":\"2020-06-10T13:02:30+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100705-gbp-eur-uk-austerity-budget.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100705-gbp-eur-uk-austerity-budget.jpg\",\"width\":725,\"height\":400,\"caption\":\"GBP\\\/EUR: Pound Higher vs. Euro Ahead of UK Austerity Budget\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GBP\\\/AUD: Aussie Dollar Advances As Consumer Confidence Rebounds Strongly\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\",\"name\":\"Currency Live\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/currencylive.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\",\"name\":\"Fiona Cincotta\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g\",\"caption\":\"Fiona Cincotta\"},\"description\":\"Editor - Senior Financial Market Analyst Through over a decade\u2019s experience analysing and reporting on global currency markets, Fiona has a gained a deep understanding of the fundamental drivers of currencies. She is regularly quoted by international news organisations including Financial Times, Reuters and Bloomberg. Fiona is a familiar face after years of appearances on BBC, Sky News and Fox Business News.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/fiona-cincotta-bb4a4845\\\/\"],\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/fiona-cincotta\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GBP\/AUD: Aussie Dollar Advances As Consumer Confidence Rebounds Strongly - Currency Live","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/currencylive.com\/news\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\/","twitter_misc":{"Written by":"Fiona Cincotta","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\/"},"author":{"name":"Fiona Cincotta","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec"},"headline":"GBP\/AUD: Aussie Dollar Advances As Consumer Confidence Rebounds Strongly","datePublished":"2020-06-10T09:00:18+00:00","dateModified":"2020-06-10T13:02:30+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\/"},"wordCount":432,"image":{"@id":"https:\/\/currencylive.com\/news\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100705-gbp-eur-uk-austerity-budget.jpg","keywords":["aud","australian dollar","china","consumer confidence","gbp","gdp","pound"],"articleSection":["AUD","GBP"],"inLanguage":"en-US","copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\/","url":"https:\/\/currencylive.com\/news\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\/","name":"GBP\/AUD: Aussie Dollar Advances As Consumer Confidence Rebounds Strongly - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100705-gbp-eur-uk-austerity-budget.jpg","datePublished":"2020-06-10T09:00:18+00:00","dateModified":"2020-06-10T13:02:30+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100705-gbp-eur-uk-austerity-budget.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100705-gbp-eur-uk-austerity-budget.jpg","width":725,"height":400,"caption":"GBP\/EUR: Pound Higher vs. Euro Ahead of UK Austerity Budget"},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/103384-gbp-aud-aussie-dollar-advances-as-consumer-confidence-rebounds-strongly\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"GBP\/AUD: Aussie Dollar Advances As Consumer Confidence Rebounds Strongly"}]},{"@type":"WebSite","@id":"https:\/\/currencylive.com\/news\/#website","url":"https:\/\/currencylive.com\/news\/","name":"Currency Live","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/currencylive.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec","name":"Fiona Cincotta","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g","caption":"Fiona Cincotta"},"description":"Editor - Senior Financial Market Analyst Through over a decade\u2019s experience analysing and reporting on global currency markets, Fiona has a gained a deep understanding of the fundamental drivers of currencies. She is regularly quoted by international news organisations including Financial Times, Reuters and Bloomberg. Fiona is a familiar face after years of appearances on BBC, Sky News and Fox Business News.","sameAs":["https:\/\/www.linkedin.com\/in\/fiona-cincotta-bb4a4845\/"],"url":"https:\/\/currencylive.com\/news\/author\/fiona-cincotta\/"}]}},"jetpack_featured_media_url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100705-gbp-eur-uk-austerity-budget.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/101013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/users\/163946597"}],"replies":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/comments?post=101013"}],"version-history":[{"count":3,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/101013\/revisions"}],"predecessor-version":[{"id":101024,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/101013\/revisions\/101024"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/4990"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=101013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=101013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=101013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}