Sterling Rises against the Aussie, is this a good opportunity?

Australian Dollar to Pound Forecast: Risk Sensitive AUD Likely to Remain Under Pressure

Higher yielding currencies have suffered in the last 24 hours as investors look for alternatives to their current investments. The Aussie has weakened against a rising pound and I expect this will be a shortlived opportunity for those looking to buy Aussies with sterling. It would seem reasonable to expect that the pound will rise against the Aussie this quarter but that longer term the Aussie will gain back ground as investors seek out those better returns, any interest rate hike in the UK looks much further down the line.

The market moves in mysterious ways and trying to get the best deal is made easier with our service. We let you know exactly what is happening in the currency markets that will move your rate to help you make a firmer decision on what is the best course of action. For more information please let me know your situation on jmw@currencies.co.uk