The best rates all year to sell AUD and buy GBP

Pound Pushes Higher Against the Australian Dollar on Recent Economic Divergence

The recent losses on the pound as a result of the Scottish referendum has presented to anyone who needs to sell AUD for GBP some very attractive rates, the best that we have seen all year. Were we to see further improvements we would need to go back almost a year to get to a time when the rate to sell AUD for GBP has been so good.

Given that the RBA (Reserve Bank Australia) has already indicated it does not want the AUD too strong, we could see the AUD weaken again in the future. For the latest news and information please email me jmw@currencies.co.uk