when should I sell my Australian dollars?

Will Sterling Weakness Continue to Help the AUD to GBP Rate Improve?

On balance moving sooner to sell your Australian dollars seems sensible to avoid the risk of further losses. That is not to say there won’t be further opportunities to sell AUD for the pound as there could be short term improvements in the rate which I personally would highly recommend you take advantage of.

The overriding factor in this nightmare scenario for Aussie sellers is the Chinese dragon and the fact it is no longer breathing fire! The outlook for the Aussie is therefore limited and further longer term falls seem highly likely.

Buying currency can be made easier and more cost effective through the use of our services to proactively manage your requirements. Please email me Jonathan on jmw@currencies.co.uk to learn more.