Well well what a difference a year makes! For it was one year ago exactly GBPAUD was at 1.64! And earlier last year in March it was 1.46. The rate improvements on GBPAUD are quite simply amazing and I spoke to many a client last year that would have cut their arm to buy at these levels! If you need to make a currency exchange then please speak to us about the forecast for your deals. We undercut the banks and make sure all payments go through smoothly.
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 sees Australian Unemployment data due on the Thursday morning 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.
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