Now could be the time to engage pound vs. Australian dollar downside.
The pound is rising against the Australian dollar, but gains forecast to be shallow.
The pound puts in a strong 0.5% gain against the Australian dollar.
The Australian dollar is outperforming on bets the Reserve Bank of Australia (RBA) will lift interest rates in the first half of next year.
Horizon Currency Ltd
Albany House
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Horizon Currency doesn't take custody of your funds. We execute your payments through FCA-registered companies, which hold your funds in segregated tier-1 bank accounts. These firms are:
1) Equals Connect Limited, registered in England and Wales (registered no. 07131446). Registered Office: Vintners’ Place, 68 Upper Thames St, London, EC4V 3BJ. Equals Connect Limited is authorised by the Financial Conduct Authority to provide payment services (FRN: 671508).
2) Sciopay Limited, registered in England and Wales (registered no. 12352935). Registered Office: WeWork, WW Moor Place Limited, 1 Fore Street Avenue, London, EC2Y 9DTE. Sciopay Ltd is registered with the Financial Conduct Authority (927951).