Tuesday, 4 August 2009

GBP - EUR GBP - USD GBP - AUD GBP - ZAR GBP - NZD forecast and update

Following Sterlings solid day on the markets yesterday we have seen early morning positive movements again against a basket of major currenices.

Sterling pushed through the 1.70 mark against the USD, bringing a new year high and potentially a smile on the face of those of you needing to send funds to the U.S or to buy AED, as the two are both directly pegged.

The Reserve Bank of Australia kept interest rates on hold overnight, and after minimal talk of interest rate hikes over there recently we have gained a little bit of ground off the back of that and started moving onwards and upwards from the 2 mark - lets hope it lasts this time!

This is a brief summary of todays report. Click here to read the full report on our main website

If you are buying a property abroad, and want the best exchange rates, just click on the links below to go straight to our main site, or Email Me

www.currencies.co.uk


Have a great day and thanks for reading!

Daniel Wright

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