{"id":84344,"date":"2019-12-31T07:39:11","date_gmt":"2019-12-31T12:39:11","guid":{"rendered":"https:\/\/currencylive.com\/?p=84344"},"modified":"2019-12-31T07:39:11","modified_gmt":"2019-12-31T12:39:11","slug":"101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\/","title":{"rendered":"GBP\/AUD Relatively Unchanged on the Last Day of 2019"},"content":{"rendered":"<p>GBP\/AUD has been trading sideways since last Friday when it rose 0.18%. Currently, one British pound buys 1.8746, showing no clear direction as of 7:30 AM UTC.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>The Aussie is supported by strong economic data published by China, Australia\u2019s largest trading partner. China\u2019s manufacturing purchasing managers\u2019 index (PMI) beat analysts\u2019 expectations in December. The country\u2019s National Bureau of Statistics (NBS) announced earlier today that the indicator rose to 50.2, while economists anticipated expansion to 50.1. The 50 points mark separates expansion from contraction.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>China\u2019s economy has likely hit its bottom in October, given that its manufacturing PMI has expanded for the second consecutive month. This is a positive sign including for Australia.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>The sub-index of new orders for export increased above 50 for the first time in 19 months, to 50.3 from 48.8 in November.<\/p>\n<p>Nevertheless, China\u2019s non-manufacturing PMI growth narrowed to 53.5 from 54.4.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>While December showed the second month of expansion, Nomura analysts warned that the trend might not be steady, especially amid struggling property sector. Nomura <a href=\"https:\/\/www.cnbc.com\/2019\/12\/31\/china-economy-beijing-posts-official-manufacturing-pmi-for-december.html\">said<\/a> in a note:<\/p>\n<p><i>\u201cWe do not think Beijing will overreact to the two consecutive above-50 manufacturing PMI readings, as we believe it learned the lesson from spring this year, when some headline data pointed to a seeming recovery. We expect Beijing to roll out more easing measures despite limited policy room in coming quarters.\u201d<\/i><\/p>\n<p>The Aussie is also supported by optimism around the trade deal between the US and China. The world\u2019s two largest economies will likely sign the phase one deal in the first week of January. Yesterday, trade adviser Peter Navarro said that the preliminary deal was already completed. He <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-12-30\/trump-s-trade-deal-in-the-bag-china-hawk-navarro-says\">told<\/a> Fox News:<\/p>\n<p><i>\u201cThat\u2019s a done deal, put that one in the bag.\u201d<\/i><\/p>\n<p>Navarro declined to comment on a recent report by the South China Morning Post that Chinese emissaries will travel to the US this weekend to sign the accord.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>On the other side, the sterling has increased against majors as investors\u2019 worries about a potential no-deal Brexit eased.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Both the UK and Australian markets close early on New Year\u2019s Eve.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<hr \/>\n<h6><em>Currencylive.com<\/em><em> is a news site only and not a currency trading platform.<\/em><\/h6>\n<h6><em>Currencylive.com is a site operated by TransferWise Inc. (&#8220;We&#8221;, &#8220;Us&#8221;), a Delaware Corporation. We do not guarantee that the website will operate in an uninterrupted or error-free manner or is free of viruses or other harmful components. The content on our site is provided for general information only and is not intended as an exhaustive treatment of its subject. We expressly disclaim any contractual or fiduciary relationship with you on the basis of the content of our site, any you may not rely thereon for any purpose. You should consult with qualified professionals or specialists before taking, or refraining from, any action on the basis of the content on our site. Although we make reasonable efforts to update the information on our site, we make no representations, warranties or guarantees, whether express or implied, that the content on our site is accurate, complete or up to date, and DISCLAIM ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. Some of the content posted on this site has been commissioned by Us, but is the work of independent contractors. These contractors are not employees, workers, agents or partners of TransferWise and they do not hold themselves out as one. The information and content posted by these independent contractors have not been verified or approved by Us. The views expressed by these independent contractors on currencylive.com do not represent our views.<\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/AUD has been trading sideways since last Friday when it rose 0.18%. Currently, one British pound buys 1.8746, showing no clear direction as of 7:30 AM UTC.\u00a0 The Aussie is supported by strong economic data published by China, Australia\u2019s largest trading partner. China\u2019s manufacturing purchasing managers\u2019 index (PMI) beat analysts\u2019 expectations in December. The country\u2019s [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":3625,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1547,1379],"tags":[1540,1394],"class_list":["post-84344","post","type-post","status-publish","format-standard","has-post-thumbnail","category-aud","category-gbp","tag-aud","tag-gbp"],"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 Relatively Unchanged on the Last Day of 2019 - 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\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ileana Ionescu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/AUD Relatively Unchanged on the Last Day of 2019\",\"datePublished\":\"2019-12-31T12:39:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\\\/\"},\"wordCount\":596,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100056-aud-gbp-down-china-credit.jpg\",\"keywords\":[\"aud\",\"gbp\"],\"articleSection\":[\"AUD\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\\\/\",\"name\":\"GBP\\\/AUD Relatively Unchanged on the Last Day of 2019 - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100056-aud-gbp-down-china-credit.jpg\",\"datePublished\":\"2019-12-31T12:39:11+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100056-aud-gbp-down-china-credit.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100056-aud-gbp-down-china-credit.jpg\",\"width\":800,\"height\":405,\"caption\":\"gbp-aud-bank-notes\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GBP\\\/AUD Relatively Unchanged on the Last Day of 2019\"}]},{\"@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\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\",\"name\":\"Ileana Ionescu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g\",\"caption\":\"Ileana Ionescu\"},\"description\":\"With a background in business journalism, Ileana works as a Junior Market Analyst for Currency Live and creates content that brings transparency to our audience. Originally from Bucharest, Ileana most commonly transfers EUR to RON and speaks Romanian, English, Italian, Spanish and German.\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/ileana-ionescu\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GBP\/AUD Relatively Unchanged on the Last Day of 2019 - 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\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\/","twitter_misc":{"Written by":"Ileana Ionescu","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\/"},"author":{"name":"Ileana Ionescu","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/3d5cb0a6a22d357fc0b9ad562f35e75b"},"headline":"GBP\/AUD Relatively Unchanged on the Last Day of 2019","datePublished":"2019-12-31T12:39:11+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\/"},"wordCount":596,"image":{"@id":"https:\/\/currencylive.com\/news\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100056-aud-gbp-down-china-credit.jpg","keywords":["aud","gbp"],"articleSection":["AUD","GBP"],"inLanguage":"en-US","copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\/","url":"https:\/\/currencylive.com\/news\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\/","name":"GBP\/AUD Relatively Unchanged on the Last Day of 2019 - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100056-aud-gbp-down-china-credit.jpg","datePublished":"2019-12-31T12:39:11+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/3d5cb0a6a22d357fc0b9ad562f35e75b"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100056-aud-gbp-down-china-credit.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100056-aud-gbp-down-china-credit.jpg","width":800,"height":405,"caption":"gbp-aud-bank-notes"},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/101921-gbp-aud-relatively-unchanged-on-the-last-day-of-2019\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"GBP\/AUD Relatively Unchanged on the Last Day of 2019"}]},{"@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\/3d5cb0a6a22d357fc0b9ad562f35e75b","name":"Ileana Ionescu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g","caption":"Ileana Ionescu"},"description":"With a background in business journalism, Ileana works as a Junior Market Analyst for Currency Live and creates content that brings transparency to our audience. Originally from Bucharest, Ileana most commonly transfers EUR to RON and speaks Romanian, English, Italian, Spanish and German.","url":"https:\/\/currencylive.com\/news\/author\/ileana-ionescu\/"}]}},"jetpack_featured_media_url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100056-aud-gbp-down-china-credit.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/84344","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\/163946598"}],"replies":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/comments?post=84344"}],"version-history":[{"count":2,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/84344\/revisions"}],"predecessor-version":[{"id":84348,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/84344\/revisions\/84348"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/3625"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=84344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=84344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=84344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}