Expect the unexpected!

Australian Dollar Gains a Cent on EUR and USD in a Week

Today we saw some unexpected swings on the currency markets and the Aussie dollar as the Chinese central bank cur their base rate and Mario Draghi of the ECB (European Central Bank) forecast an extension of their QE (Quantitative Easing) programme. Much of the strengthening of the Aussie today was on the back of this news.

this just shows how unpredictable the market can be and how important it is to keep up to date with the latest news. For more information on our services please contact me Jonathan on [email protected]