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AUD currency update: GBP/AUD falls around half a cent

James Baxter - AUD currency update: GBP/AUD falls around half a centJames Baxter
Senior Currency Broker
T: 01442 892 062

GBP/AUD has fallen around half a cent this morning after the markets reopened following the weekend break.

Weaker housing data from Australia this morning has had little impact on the strength of the Australian currency and the Aussie has actually gained strength against its UK counterpart.

There are no further data releases to note from either country today so it may be a fairly quiet starting to the week for the currency pair.

At the time of writing, GBP/AUD is trading at 1.74 and AUD/EUR is sitting in the high 0.67’s.

GBP/AUD exchange rate graph

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James Baxter
Senior Currency Broker
T: 01442 892 062

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