Aussie Dollar pars gains

Will Sterling Weakness Continue to Help the AUD to GBP Rate Improve?

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.