Australian Dollar Forecast is positive for the Aussie

Australian Dollar Forecast Set for Bleak End to 2020

The Aussie has been slowly gaining against most currencies as the worst fears of interest rate cuts and a slowdown in China fail to be realised. This week and next is a range of Australian economic data due which may well provide a small spike for anyone buying Australian dollars to take advantage of. Call our trading floor to get the latest news and to be kept up to speed! You can call me on 01494 787 478 to discuss the exact forecast specific to your requirements.

Sterling is on the up and I would have to favour the pound longer term, I think therefore anyone selling AUD should move sooner, if buying hold on. And if in Australia or any of the hot countries we send money to, make sure you don’t forget your sunscreen! That is certainly something you won’t need int he UK today 🙂

For more information on how to get the best exchange rates buying Australian dollars please contact me directly on jmw@currencies.co.uk