If you’re a newcomer to this site or have been a long term reader then thank you for visiting and we hope that you’ve found the site both useful and informative.
The information we provide is an honest account of what we think is causing the exchange rates to move as they do and what we may expect to happen next.
It is clear that GBPAUD exchange rates are trying to trade and stay above 2 but they are struggling to make a sustained breach so the RBA interest rate decision due out shortly is likely to have an effect on the rates.
With the Greek issue dominating events across Europe any signs that the Greeks may default on their next payment due on Friday could result in Sterling strength against the Australian Dollar which could give the rates that extra nudge to trade above 2.
If you are making an international payment and would like to compare what you may be able to achieve then feel free to contact me directly for a free quote and see how much you could save against your bank. Tom Holian [email protected]