The pound has risen against the AUD as Mark Carney’s speech indicated interest rates could rise sooner than expected. I would personally not be surprised to see GBPAUD rates climb higher on the back of this much improved situation for AUD buyers. Should you be looking to make a currency exchange now is a very good time to consider your options. I would personally not be hanging around too long should levels dip- back below 1.80.
If you would like more information on the best way to move money internationally please contact us or me directly jmw@currencies.co.uk.
