Australian Dollar spikes against Sterling (Dayle Littlejohn)

Australian Dollar Strength as Travel Corridor with New Zealand Opens

Today the Australian Dollar has made gains against Sterling due to poor UK retail sales figures. The MoM figure plummeted drastically from last months figure by 2.4%. If you are holding onto Australian Dollars and need to buy Sterling you should seriously consider your position.

In recent weeks the RBA have hinted no further interest rate cuts are on the horizon therefore day by day economic data is going to be key in influencing the future of AUD exchange rates. For further information regarding upcoming economic data feel free to email me directly.

If you have an upcoming currency transfer and I have not covered the currency pair that you are looking to trade (AUD/EUR, AUD/USD, etc). Feel free to email me with the currency pair and your individual requirement (buying a property abroad, paying a company invoice) and I will personally respond to you with a forecast and the buying process. drl@currencies.co.uk Dayle Littlejohn. Alternatively call 0044 1494 787 478 and ask for Dayle Littlejohn.