Australian Dollar exchange rates remain fairly stable after Chinese data throws up no surprises (Daniel Wright)

A reasonably stable day in terms of exchange rate movements for the Australian Dollar with very little market movement seen.

Tomorrow we see Chinese loans data which may have an impact on the strength of the Australian Dollar along with unemployment and wage inflation for the U.K which is exceedingly important should you be looking to exchange Australian Dollars into Sterling or visa-versa in the coming weeks and months.

Wage inflation has been a key talking point in the U.k for a period of time now as it is one of the key factors that is stopping interest rates rising so soon.

Personally I now feel that exchange rates for GBP-AUD move up closer to the 1.90 figure as long as tomorrows data does not hamper the strength of the Pound.

In a reasonably quiet end to the week in terms of economic data for Australia the other key one to watch out for is Chinese Retail Sales and Industrial production figures due early Friday morning.

If you are looking to carry out a currency transfer in the near future involving either buying or selling the Australian Dollar then it will be well worth you emailing me directly. I have now had thousands of clients contact me through this site and they have found that they are getting a smoother, more efficient service than their bank or current broker along with a better rate of exchange by using me. You can email me on djw@currencies.co.uk with a brief description of what you are looking to do and I will be more than happy to assist you.