Sterling – Australian Dollar jumps up through the 1.80 mark once again

Will AUD to USD Retest the All-Time Lows?

The Pound has pushed through 1.80 against the Australian Dollar due to Geopolitical concerns and comments that were made in the meeting minutes from the last RBA (Reserve bank of Australia) interest rate decision.

With tensions rising regarding Russia and Ukraine bubbling away once more investors heads turn to global attitude to risk and when political tensions are high then you can see currencies such as the Australian Dollar, New Zealand Dollar and South African Rand weaken as they are perceived as ‘riskier’ currencies.

We are currently able to achieve some clients (depending on volume) over the 1.80 mark as an actual trading price so if you are looking to achieve a buying level of 1.80 or above and you cannot currently get it through your bank or current broker then it may be prudent to contact me (Daniel Wright) directly.

The company I work for has won numerous awards for exchange rates and if you enjoy this site then it makes sense to get in touch and get a quote to see if I can actually help you with your transactions too.

Feel free  to email me directly on djw@currencies.co.uk and I will be more than happy to contact you personally.