Although no interest rate changes are predicted all eyes will be on the head Trichet's comments and to see if there are any hints as to future rate hikes or economic tactics.
Australia also announced a 0.6% growth in their economy for the last quarter which again shows that they seem to have handled the global recession impeccably so far and led to Australian Dollar strength.
Should you have any upcoming currency requirements it may be prudent to get in contact with me to discuss the many options avaialble to you inclusive of forward contracts, stop and limit orders.
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
Have a great day and thanks for reading!
Daniel Wright
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