Australian dollar rises to 2!

Australian Dollar Forecast Set for Bleak End to 2020

GBPAUD has finally hit the magic mark of 2 which is really good news for anyone buying Aussies with sterling! The outlook is still very positive for the rate but I would expect a short period at which we actually have trades available above the rate of 2. Getting in a deal at 2 or very close is really the only way to remove such uncertainty.

If you are buying or selling Australian dollars we are in business to undercut the banks and offer a specialist service to help with the best timing for the transfer. Please contact me Jonathan on jmw@currencies.co.uk to learn more.