Australian Dollar Forecast – Chinese GDP Data Released Overnight Leads to AUD Strength

AUD GBP Lower as Traders Await RBA Meeting

Good morning readers, overnight we saw the Chinese GDP (Gross Domestic Product) data come out much better than expected, with China being a major factor to the continuing positive charge from the Australian Dollar  this has pushed the AUD to new highs.

Obviously the constant force the AUD is gaining strength by must be a cause for concern if you are looking to emigrate to Australia at some point in the near future…. If you are worried about exchange rates and want to ensure you get the very best rate of exchange and a second pair of eyes and ears on the market to help you along the way then contact me directly [email protected] with the subject title ADF and I shall be more than happy to assist you.