Could we see further increases in the value of the Pound vs the Australian Dollar? (Tom Holian)

The Pound has maintained its positive run recently against the Australian Dollar hitting levels of 1.83 on the mid-market creating the best rate to buy Australian Dollars with Pounds since the EU referendum back in June 2016.

The US have again raised interest rates are now they have surpassed the rate in Australia which has caused global investors to sell the Australian Dollar and move funds into the US.

The American economy has been going from strength to strength recently and with the Federal Reserve likely to continue on their path of raising interest rates this year I think we could see further weakening of the Australian Dollar.

The Reserve Bank of Australia are unlikely to be raising interest rates in the near future as the Australian economy is showing signs of a slowdown and with the trade wars between the US and China this could cause further problems for the Aussie Dollar.

The reasoning is that as China is such a major trading partner with Australia any problems with the economy in China can often have a negative effect on the value of the Australian Dollar.

The ongoing trade wars between the US and China have also destabilised the currency markets and this has again caused global investors to move money away from riskier commodity based currencies such as the Australian Dollar.

I think we could see further weakness ahead for the Australian Dollar. We have already seen the Pound remain above 1.80 for a sustained period of time and if the tone of Brexit remains positive I think we could see a strong end to this month for the Pound vs the Australian Dollar.

Having worked for one of the UK’s longest established currency brokers since 2003 I am confident of being able to offer you bank beating exchange rates as well as helping you with the timing of your currency transfer when exchanging Australian Dollars

For a free quote please send me an email directly and I look forward to hearing from you.

Tom Holian

Buying Australian Dollars with Pounds? (James Lovick)

Those clients looking to buy Australian dollars have seen a great spike this week for the GBP AUD pair. Rates for GBP AUD have broken over 1.83 although the recent rally appears to be running out of steam. The pound has been given an excellent boost after agreement was reached between Britain and the EU on a transitional deal in the Brexit negotiations. The pound has benefitted from this as a degree of confidence for British business has been restored and this is seen as welcome news for the British economy.

Clients looking to buy Australian dollars would be wise to consider taking advantage of the current highs as spikes likes these in recent months have so far proved very short lived. There are a number of thorny issues which will resurface in the coming weeks and revolve around the Irish border and financial services.

If no agreement is reached over the Irish border and if a deal cannot be found which includes financial services for the city of London then the prospect of a no deal scenario suddenly starts to look considerably more likely. It is for this reason that any gains beyond these levels seem unlikely in the short term at least.

Clients looking to sell Australian dollars should see some spikes in the coming weeks and months although my view is that a deal on Brexit will be reached and this could see the pound perform very well. A move towards 1.90 for GBP AUD cannot be ruled out in these markets especially as the Brexit appears to have finally turned a corner with an apparent accord and will to move forward from all sides.

For more information on Australian dollar exchange rates and how to make the most of these opportunities in this volatile period then please get in touch with me at

Will GBPAUD remain above 1.80?

The pound to Australian dollar rate is looking like it might rise further in the future so for clients looking to sell AUD for pounds a quick move is probably sensible. With the levels now safely above 1.80 fr over a week the prospect for it to dip back below 1.80 seems unlikely. Overall the expectation for clients who will need to buy pounds with Aussies is that moving sooner will probably be best.

We learned this week that the pound should find more favour against the Australian dollar on the back of improved expectations relating to the prospect of interest rate rises. The GBPAUD rate was dealt a double whammy when the US raised interest rates but also confirmed extra buoyancy in future hikes which has kept the AUD weaker against both currencies.

We learned very recently that the RBA (Reserve Bank of Australia) will be looking less likely to raise interest rates in the future, this has seen the Australian currency weaker. Interest rates are a major barometer of what will happen to a currency in the future, the expectations that the US Federal Reserve and the Bank of England will raise interest rates ahead of the RBA is putting the Aussie on the back foot.

The next stages of progress will be made in the coming weeks, any surprise twists and turns on Brexit could unsettle the pound GBPAUD rate but the overall impression looks more positive. If you have a transfer buying or selling pounds and Australian dollars making plans ahead of any spike is the best course of action.

If you have a transfer and wish for some expert information and assistance on the currency markets, please don’t hesitate to get in touch with me directly on

Thank you for reading and I look forward to hearing back from you.

Australian Dollar still losing ground against most currencies – Interest rates are key globally

The Australian Dollar is not having a great run of things lately, as numerous economies appear to picking up and the U.S have once again raised interest rates, bring them ahead of the current rate in Australia.

The reason this current movement is important is that U.S interest rates are now higher than interest rates in Australia, so what essentially happens is investors will move their funds out of the Australian Dollar and into the U.S Dollar, as it offers a more attractive return on their money and is seen as a more stable currency.

The outlook for Australian interest rates still does not suggest any hike in the near term, however the Federal Reserve in the States did dampen expectations a little for the year ahead in last nights monetary policy statement.

I still feel there is further room for Australian Dollar weakness in the coming weeks, most notably we have seen a big movement for Sterling against the Australian Dollar over the past week or so, breaking through the key level of 1.80 and not stopping there.

Sterling is on a good run at present, and now that average earnings figures have fallen in line with inflation there is room for interest rates in the U.K to start coming up again too, the Bank of England interest rate decision later this morning will be key and so will the minutes from the meeting, as they may give an indication on future plans.

If you are in the position that you may need to carry out a currency exchange in the coming days, weeks or months ahead then it is well worth getting in contact with me directly, you can email me (Daniel Wright) on and I will be more than happy to contact you directly with live quotes and to help you develop a strategy as to how to move forward with your transaction.


Best rate to buy Australian Dollars since June 2016 (Tom Holian)

The Pound has risen close to EU referendum highs this week against the Australian Dollar after news that a transitional deal has been confirmed.

This has given Sterling a boost against a number of major currencies and with the EU summit due to take place if the talks go well this could see GBPAUD exchange rates continue to rise.

The Australian Dollar has also struggled in recent weeks as the chances are that we will see a number of interest rate hikes in the US during the course of this year and tonight the US Federal Reserve are due to increase interest rates, which will take them higher that in Australia.

In recent years global investors have moved money into Australia owing to the higher yield but as the US economy is improving and a series of rate hike plans are planned this has caused the Australian Dollar to weaken.

In a number of my previous articles I wrote that I thought we would see Sterling break past 1.80 during the course of this month and this has all been proved right.

The minutes from the recent Reserve Bank of Australia meeting suggested that the chances of an interest rate hike down under are very low and this in my mind has caused investors to sell the Australian Dollar in favour of the US Dollar, which has pushed GBPAUD rates in an upwards direction.

Australian unemployment figures are due overnight as well as Australian employment change data and this could cause a lot of movement overnight so make sure you keep a close eye out on what happens with this data release.

Arguably the most important event for GBPAUD rates will be the EU summit which starts tomorrow so expect a lot of volatility in the days ahead.

If you would like further information about what is happening with the Australian Dollar as well as a free quote then contact me directly and I look forward to hearing from you. The more information you provide me about your particular transfer means I can provide you with a more detailed answer.

To Holian

AUD Forecast – Brexit Developments Putting Pressure on the AUD (Matthew Vassallo)

The AUD has come under some pressure this week despite the Reserve Bank of Australia’s (RBA) optimistic outlook, following the release of their monthly minutes overnight.

The AUD has lost ground against its Sterling counterpart this week, with the Pound hitting 1.8266 at its high today.

The AUD was finding plenty of protection around 1.80 but now this threshold has been broken, the key question is whether the AUD is likely to fall further.

Looking at the catalyst behind the current trend and there is no doubt that the current loses against Sterling are the result of a breakthrough in Brexit negotiations.

Reports yesterday confirmed that a Brexit transition deal has all but been reached and this boosted investor confidence in the UK economy, which was to the detriment of the AUD.

Despite the initial positive reaction it seems as though investor confidence cooled, with some key issues still to be resolved. These include the Northern Irish border, which has proved a red herring up until now. Unless an agreement is reached over this, it is likely that we will see further negative reports surface, which in turn could put some pressure back on the Pound.

The AUD found some support today, following the RBA’s minutes released overnight. As has been the recent rhetoric, the RBA remained bullish in their global outlook and also internally regarding the prospects of the Australian economy.

Despite this bullish outlook, the AUD is fighting something of an uphill battle with the global markets under pressure at present. This in turn is causing investors to sell off riskier assets such as the AUD, instead choosing to move into safer haven currencies such as the CHF or USD.

If you have an upcoming AUD currency transfer to make, you can contact me directly on 01494 787 478. We can help guide you through this turbulent market and as a company we have over eighteen years’ experience, in helping our clients achieve the very best exchange rates on any given market.

Our award winning rates can be accessed very easily over the phone and I can keep you posted with key market developments ahead of any prospective exchange you need to make.

Feel free to email me directly on to find out all the options available to you ahead of your currency transfer.

Best rates to buy AUD with GBP in 21 months!

The pound to Australian dollar exchange rate has risen to fresh highs, largely owing to a stronger pound. The outlook for the pound against the Australian dollar is now much better as progress on Brexit and confirmation of a transitional deal helps the pound to rise. The Australian dollar could come under further pressure this week as central banks in the UK and US are in focus.

Overnight the Reserve Bank of Australia Minutes have been released which has seen the Australian dollar relatively unchanged, if you need to buy or sell Australian dollars against pounds the markets appears that it will be favouring the pound for this week anyway. Another major factor this week will be what happens with the US interest rate decision on Wednesday evening, this is when the US dollar might rise.

The relationship of the US dollar to the Australian dollar is very important and one that will see the big movements on GBPAUD and EURAUD too. When the US dollar rises it will often lead to the Australian dollar weakening too which gives the better opportunities to buy AUD with sterling.

There is a real belief that we could see further improvements for AUD buyers this week if the US Federal Reserve are positive in their outlook on interest rates. The pound is now at some of the best levels to buy Australian dollars since the Referendum 2016, this might well see the pound stronger further if more Brexit progress is announced.

For more information at no cost or obligation on the best ratesand timing to buy Australian dollars with pounds, please contact me Jonathan Watson by emailing

Pound hits referendum high to buy Australian Dollars (Tom Holian)

As predicted in a number of my previous articles covering the Pound vs the Australian Dollar I did say that I thought we could see GBPAUD rates break through 1.80 this month.

During Friday’s trading session my prediction came true after the one of the RBA members Debelle suggested that Australian interest rates are likely to be kept on hold for quite some time to come.

This saw GBPAUD rates move past 1.80 creating some excellent opportunities to buy Australian Dollars with Sterling.

Indeed, the Pound had a good week against most of its counterparts in anticipation of a lot of movement during the course of next week.

On Tuesday the UK releases its latest inflation figures for year on year with the latest Consumer Price Index for February.

Inflation is currently at 2.9% which is a long way above the target of 2% so another high reading could provide support for another interest rate hike in the UK.

Indeed, interest rates were raised towards the end of 2017 following a long run of high inflation so on Tuesday this could provide further justification of another rate hike currently 75% priced in for May.

On Wednesday UK unemployment figures are due to be published which are close to the lowest since records began over 40 years ago. However, one issue is that of Average Earnings which will be announced at the same time as the jobs data. Wages are struggling to keep up with inflation so this could see a potential banana skin for the Pound.

On Thursday the Bank of England will announce their latest monetary policy and although there is almost no chance of a rate hike if there are any suggestions of this coming in the near future I expect Sterling to rise in the value against the Australian Dollar.

However, arguably the biggest impact for anyone with an Australian Dollar requirement will come on Thursday when the EU Summit takes place. At the moment the future of the UK’s relationship with the European Union is very uncertain and uncertainty often results in heightened volatility.

Therefore, if you’re concerned about what may happen it may be worth getting things organised prior to Thursday.

If you would like further information about how to save money when buying or selling Australian Dollars and would like a free quote then contact me directly and I look forward to hearing from you.

Email me directly Tom Holian


GBPAUD hits 1.80!

The pound to Australian dollar exchange rate is currently rising and has hit the magical 1.80 level this afternoon. This is presenting some of the best fresh opportunities to buy AUD with sterling since the Referendum. This is a very important psychological level of resistance and now this is breached we might struggle to get back below if certain conditions are met.

These conditions stem from a technical analysis of the market that states, generally once a rate has broken a certain level and can remain above it consistently, it will then be more likely to remain above that price. The belief on the rates is that this needs to be sustained over a few sessions for it to be seen as a consistent move. Much will now depend on sentiments towards the ongoing events which have of course driven this shift on the exchange rate.

I feel the pound will now continue to rise against the Australian dollar, this move has been widely expected and appears to be the path of least resistance. With little sign the RBA (Reserve Bank of Australia) will be raising their base rate anytime soon, the Aussie will in my opinion remain on the weaker side.

Sterling is rising on increasing confidence over what lies ahead on Brexit, next week’s EU summit will be a major driver on the GBPAUD pair. Important too will be the latest news from the US Federal Reserve Bank on Wednesday next week, as they look to raise interest rates. A stronger US dollar has seen a weaker Aussie in recent months and years, this could be a very important week ahead for GBPAUD rates!

If you have any Australian dollar transfers buying or selling then making plans around important events is the best way to maximise your transfers. For more information free of charge and at no obligation please speak to me Jonathan Watson by emailing

Thank you for reading and I look forward to hearing from you.

AUD Weakness after Hints on US Trade Policy (James Lovick)

The Australian dollar came under pressure in afternoon trade yesterday taking considerable losses against most of the major currencies. Rates for GBP AUD have climbed higher breaking over 1.79 for the pair which has created a good opportunity for those clients looking to buy Australian dollars with pounds.

The weakness in the Aussie has stemmed from events in the US rather than negative data down under. The new economic adviser to US President Donald Trump has signalled he is in favour of a strong US dollar whilst also signalling that he is preparing for another round of tariffs which will target Chinese exports.

The prospect of a trade war appears to be looking more likely on the back of these comments and the commodity currencies including the Australian dollar are likely to be impacted upon badly. The Canadian dollar in particular has come under substantial pressure on the back of protectionist policies and the Aussie may have further to fall. Clients looking to buy Australian dollars in these coming weeks could see some even better opportunities to purchase with a move higher to 1.80 for the GBP AUD pair looking likely. Whilst the steel and aluminium tariffs imposed so far have had little real market reaction any other measures could see the Australian dollar come under renewed pressure.

The dollar had until recently been supported following upbeat trade data from China which is normally seen as a vote of confidence for the Aussie but the comments from US economic adviser Larry Kudlow. Australia’s largest export market is China and so when the Chinese economy is performing well it is generally a good sign that global economic growth is being seen and Australian exports are on the up. Any perceived slowdown in economic growth is likely to result in a rocky ride for the Aussie going forward.

For more information about the Australian dollar and how to try and make the most of any opportunities for buying or selling Australian dollars then please get in touch with me at