GBPAUD key 7 days for December forecast

Australian Dollar to Pound Rate Continues to Remain in Monthly Range

Australian Dollar forecast is somewhat mixed for the next few days, but I am sure it will have a lasting impact on the value of GBPAUD for the remainder of the year. We have a host of economic information coming out from around the globe including data from the US, Australia, China and the UK.  US Unemployment will be key on Friday but also watch out for the UK Autumn Budget Statement on Wednesday.

Watch out for news from China as they show a continual downward trend in growth which is one of the main reasons we have seen Oil prices fall 40% in the last 3 months. Oil prices are having an impact on all natural resources prices and as Australia is heavily reliant on the exports of its natural resources watch out for any intervention.

 

Here remember we provide a pro-active service helping people work through all of this; highlighting SPIKES and activating RATE ALERTS to help squeeze everything out of the market. It is a service we have been offering for over 15 years and I am happy that we will be able to help you save money, simply put if that was not the case we would not be in business.

 

For a personal response email myself directly with any questions at hse@currencies.co.uk