In the early hours of tomorrow morning Australia are set to release their latest Export, Import and Balance numbers. With the data releases set to be announced as a mixed bag its difficult to predict where GBPAUD will be tomorrow morning however I wouldn’t be surprised to see the positives outweigh the negatives and sterling make gains against the dollar. However later in the week the UK are set to release their latest interest rate decision. If Mark Carney continues to take a dovish stance I expect GBPAUD could drop back to the 2 level or even below 2 and back into the 1.90s.
If you are buying or selling Australian Dollars this week, month or year I would recommend getting in touch to put a strategy in place to maximise your trade. In order to protect you against market fluctuations we have different contract options available that will meet your needs and requirements. Therefore if you have a currency transfer to make and want to save money on exchange rates compared to using your own bank then contact me directly for a free quote. Dayle Littlejohn [email protected].
If you want further information in regards to a specific currency pair that I have not covered (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. [email protected] Dayle Littlejohn. Alternatively call 0044 1494 787 478 and ask the reception team to be put through to Dayle Littlejohn.