{"id":99692,"date":"2020-05-01T12:30:10","date_gmt":"2020-05-01T16:30:10","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=99692"},"modified":"2020-05-04T03:09:16","modified_gmt":"2020-05-04T07:09:16","slug":"103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\/","title":{"rendered":"GBP\/AUD: Australia at Risk from Rising US China Trade Tensions"},"content":{"rendered":"

The British pound is higher against the Australian dollar on Friday.<\/p>\n

Sterling<\/a> has built on the hefty gains made yesterday over the Aussie with more strength to finish the week.<\/p>\n

The Aussie weakness owes to concerns that Australia could be on the losing end of a rekindled trade war between the US and China.<\/p>\n

Pound to Australian dollar was up by 127 pips (+0.65%) to 1.9461 as of 2pm GMT.<\/p>\n

GBP\/AUD<\/a> took out 1.94 to the upside in early trading and made quick progress toward 1.95 but came 3 pips shy and pulled back. Yesterday the exchange rate rose 1.7%, meaning a weekly return of +0.55%.<\/p>\n

Check real time GBP to AUD exchange rate<\/span><\/a><\/div>\n

GBP: Continues rebound from 10-day losing streak<\/h2>\n

The pound as a perceived riskier currency was mostly lower but was able to continue progress started yesterday against the Aussie after a 10-day losing streak.<\/p>\n

Investors have been pricing in a speedier recovery in Australia than in the UK on the logic that there have been fewer coronavirus cases and fatalities, and that the social distancing measures could be eased quicker in Australia.<\/p>\n

That idea won\u2019t hold up if China, Australia\u2019s key export market is again under assault from new tariffs from the United States. US President Trump said in yesterday\u2019s coronavirus briefing that his administration\u2019s main priority will be to investigate the behaviour of China during the virus outbreak.<\/p>\n

AUD: US China trade war erupts again<\/h2>\n

Australian Prime Minister Scott Morrison was one of the first global leaders to call for the World Health Organisation to support an inquiry into the origin of the coronavirus. Morrison\u2019s suggestion appeared to anger Beijing and has been a source of a rising diplomatic spat between the two countries.<\/p>\n

Understanding what caused the global pandemic is clearly in the interests of the world population. However from a political standpoint , an inquiry does imply not taking China\u2019s limited official explanation for the outbreak as golden.<\/p>\n

The risks for Australia are twofold, that China takes direct measures against it for supporting the coronavirus inquiry, and the US adds new tariffs to China, meaning weaker demand for Australia\u2019s exports to China.<\/p>\n","protected":false},"excerpt":{"rendered":"

The British pound is higher against the Australian dollar on Friday. Sterling has built on the hefty gains made yesterday over the Aussie with more strength to finish the week. The Aussie weakness owes to concerns that Australia could be on the losing end of a rekindled trade war between the US and China. Pound […]<\/p>\n","protected":false},"author":163946608,"featured_media":3199,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1547,1379],"tags":[1540,1394,1860],"class_list":["post-99692","post","type-post","status-publish","format-standard","has-post-thumbnail","category-aud","category-gbp","tag-aud","tag-gbp","tag-gbp-aud"],"acf":[],"yoast_head":"\nGBP\/AUD: Australia at Risk from Rising US China Trade Tensions - 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\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jasper Lawler\" \/>\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\\\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\\\/\"},\"author\":{\"name\":\"Jasper Lawler\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/7cdd4328aaa82c6c13caee5961755200\"},\"headline\":\"GBP\\\/AUD: Australia at Risk from Rising US China Trade Tensions\",\"datePublished\":\"2020-05-01T16:30:10+00:00\",\"dateModified\":\"2020-05-04T07:09:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\\\/\"},\"wordCount\":390,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100028-aud-up-gbp-china-silk-road-1.jpg\",\"keywords\":[\"aud\",\"gbp\",\"gbp\\\/aud\"],\"articleSection\":[\"AUD\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\\\/\",\"name\":\"GBP\\\/AUD: Australia at Risk from Rising US China Trade Tensions - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100028-aud-up-gbp-china-silk-road-1.jpg\",\"datePublished\":\"2020-05-01T16:30:10+00:00\",\"dateModified\":\"2020-05-04T07:09:16+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/7cdd4328aaa82c6c13caee5961755200\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100028-aud-up-gbp-china-silk-road-1.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100028-aud-up-gbp-china-silk-road-1.jpg\",\"width\":800,\"height\":405,\"caption\":\"Australian Dollar Soars Versus the Pound on Chinese New \\\"Silk Road\\\" Plans\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GBP\\\/AUD: Australia at Risk from Rising US China Trade Tensions\"}]},{\"@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\\\/7cdd4328aaa82c6c13caee5961755200\",\"name\":\"Jasper Lawler\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g\",\"caption\":\"Jasper Lawler\"},\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/jasper\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GBP\/AUD: Australia at Risk from Rising US China Trade Tensions - 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\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\/","twitter_misc":{"Written by":"Jasper Lawler","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\/"},"author":{"name":"Jasper Lawler","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/7cdd4328aaa82c6c13caee5961755200"},"headline":"GBP\/AUD: Australia at Risk from Rising US China Trade Tensions","datePublished":"2020-05-01T16:30:10+00:00","dateModified":"2020-05-04T07:09:16+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\/"},"wordCount":390,"image":{"@id":"https:\/\/currencylive.com\/news\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100028-aud-up-gbp-china-silk-road-1.jpg","keywords":["aud","gbp","gbp\/aud"],"articleSection":["AUD","GBP"],"inLanguage":"en-US","copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\/","url":"https:\/\/currencylive.com\/news\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\/","name":"GBP\/AUD: Australia at Risk from Rising US China Trade Tensions - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100028-aud-up-gbp-china-silk-road-1.jpg","datePublished":"2020-05-01T16:30:10+00:00","dateModified":"2020-05-04T07:09:16+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/7cdd4328aaa82c6c13caee5961755200"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100028-aud-up-gbp-china-silk-road-1.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100028-aud-up-gbp-china-silk-road-1.jpg","width":800,"height":405,"caption":"Australian Dollar Soars Versus the Pound on Chinese New \"Silk Road\" Plans"},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/103124-gbp-aud-australia-at-risk-from-rising-us-china-trade-tensions\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"GBP\/AUD: Australia at Risk from Rising US China Trade Tensions"}]},{"@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\/7cdd4328aaa82c6c13caee5961755200","name":"Jasper Lawler","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g","caption":"Jasper Lawler"},"url":"https:\/\/currencylive.com\/news\/author\/jasper\/"}]}},"jetpack_featured_media_url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100028-aud-up-gbp-china-silk-road-1.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/99692","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\/163946608"}],"replies":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/comments?post=99692"}],"version-history":[{"count":2,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/99692\/revisions"}],"predecessor-version":[{"id":99706,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/99692\/revisions\/99706"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/3199"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=99692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=99692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=99692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}