Australian Dollar flat ahead of interest rate decision and comments following it (Daniel Wright)

AUDGBP Continues to Rise, But How Long For?

The Australian Dollar has had a reasonably flat day against most major currencies with the interest rate decision due out tonight from the RBA which at present is not expected to throw up any major surprises.

Recently Governor Stevens of the RBA has commented that he does not expect to see any interest rate movements in the near future which has settled down the AUD and in fact given it a little strength after what had been a torrid few months against most major currencies.

The key tonight will be what is said in the statement released with the interest rate decision and whether or not it points to possible artificial weakening of the AUD or indeed if the mood is remaining positive surrounding the Australian economy.

If you are looking to buy or sell Australian Dollars in the near future then tonight will indeeed be key for you and it may be prudent to keep a close eye on exchange rates overnight and in the morning.

Should you be in this position yourself and you need to make an exchange in the coming weeks then it may be sensible to get in touch with me directly as I will be able to assist you both with your timing on the exchange and also getting an award winning exchange rate when you do come to make it.

Feel free to email me directly if you feel that I may well be able to help you and I will be more than happy to get in touch with you personally.

You can contact me on djw@currencies.co.uk  please add a brief description of your requirements and a contact number and I will be more than happy to get in touch, you do not need to be U.K based and it doesn’t matter if you are registered with another broker already, we have been found to better rates on 99% of occasions so take just two minutes and get in touch today, it could save you a great deal of money.