Will the pound continue to rise against the Aussie?

Over the course of the last week the Australian dollar has done well against Sterling, the AUDGBP rate currently sits at 0.5651.

Attitude towards the Aussie focuses on views that it is a risky currency. Essentially a positive view on the global economy from the Fed should also help the Aussie, any signs of uncertainty my cause AUD weakness… What we saw was the US act in line with expectations.

Breaking News will focus on further signs of the Australian economy suffering, for me the expectation longer term the Aussie will weaken seems the most probable. For more information at no cost or obligation on what may move your rate please contact us as per the form or email me Jonathan directly on jmw@currencies.co.uk. Why not ask us about a forward contract which would limit your risk and provide some certainty as to where rates are headed?