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AUD currency update: UK Retail Sales Figures give pound a short lived boost

James Baxter - AUD currency update: UK Retail Sales Figures give pound a short lived boostJames Baxter
Senior Currency Broker
T: 01442 892 062

GBP/AUD rose yesterday after better than expected retail sales figures from the UK gave the pound a welcome boost.

However, sterling’s gains were short lived and the currency pair subsequently trickled back down over the course of yesterday afternoon.

There are no data releases to note from either country today so we may be in for a quiet end to the week.

GBP/AUD exchange rate graph

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James Baxter
Senior Currency Broker
T: 01442 892 062

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