Australian dollar strengthens off global events (Dayle Littlejohn)

Could this Key Week for Brexit Negotiations Impact AUDGBP?

Over the past 2 weeks the Australian Dollar has become far more attractive for investors looking for higher returns on their investments. The famous event ‘Black Monday’ were China’s stock market plummeted, led to investors moving away from the Australian dollar and into currencies such as the Euro. However with China appearing to have made a U turn and the European Central Bank indicating they could raise Quantitative Easing today it appears roles have reversed and investors are now returning to the Australian Dollar.

If you have an upcoming currency transfer and want further information in regards to a currency pair (AUD/USD, AUD/EUR, etc) then 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 the reception team to be put through to Dayle Littlejohn.