FX News

AUD/GBP Transfer

The Australian Dollar (AUD), British Pound (GBP) cross is still firmly bouncing around within recent ranges and has done so since late September. Into Tuesday the Aussie has improved, trading around the 0.5230 (1.9120) area off 0.5210 (1.9190). On the calendar this week we have Australian employment data and later the Bank of England official cash rate- expected to remain unchanged at 5.25%.

The current interbank midrate is: AUDGBP 0.5226 GBPAUD 1.9135

The interbank range this week has been: AUDGBP 0.5211- 0.5245 GBPAUD 1.9064- 1.9187

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