Just what can we expect next for the Aussie? The Aussie is likely to strengthen in the near term as it has weakened significantly in recent months which will undoubtedly have helped boost Australian exports. China is performing well and I expect once a Greek deal is finalised the Australian dollar will rise. Longer term we might see the Aussie weaken if they cut their base interest rate but Glenn Stevens Governor of the Reserve Bank of Australia has recently stated slack in the economy will not be picked up by cutting further their base rate. I would expect a further rate cut perhaps towards the end of the year but suggest buying Aussies sooner particularly since the rate is so good at over 2 AUD per GBP!