Sending a larger amount to ? Request a Free    Multi-Vendor Quote
GBP/AUD Exchange Rates:
Reference mid-rate is
Exchange Rates & Fees are different for International Bank Transfers & Travel Money.  
BestExchangeRates Compare to Save on Foreign Exchange

Tuesday, 13 October 2015 - Market Commentary
Daily currency news provided by UkForex

: It was a subdued start to the week yesterday with it being a public holiday in Japan and North America. There wasn’t much economic data released on the day either. There were a few Fed speakers though; Lockhart was sounding hawkish on rate hikes again while Charles Evans said that the pace of interest rate hikes was more important than the timing of the first increase. Neither comments had much of an effect on rates – GBP/USD was steady around 1.5350 for much of the day. The pair then fell to an overnight low of 1.5304 but has popped higher this morning ahead of UK inflation data at 9:30am. The reading is expected to come in flat at 0%. The pound is also benefiting from news this morning that SABMiller, the brewer, has accepted “in principle” an increased takeover offer from Anheuser-Busch InBev of £44 a share. Cable has touched on 1.5386 already and trades at 1.5370 currently.
We expect a range today in the GBP/USD rate of 1.5170 to 1.5365
: EUR/USD drifted slowly lower yesterday during what was a quiet day’s trading. It dropped to a low of 1.1340 overnight but has recovered this morning. Stocks are weaker this morning, which might be helping, but moreover it’s likely to be down to a bit of mild profit taking. German ZEW is due this morning and being an important business sentiment survey it might well set the tone for the single currency come 10am. GBP/EUR trades at the bottom of its most recent range this at 1.3465.
We expect a range today in the GBP/EUR rate of 1.3360 to 1.3450
⇒ view full report Charts : EUR/USD EUR/AUD EUR/JPY EUR/CHF EUR/CAD EUR/CNY
: AUD/USD has been sold off over the last 24 hours. It initially reacted to Bank of Japan Minutes which were suggestive of the central bank taking a patient approach to monetary policy easing. The yen firmed against most currencies including the aussie dollar and it put downward pressure on AUD/USD. Chinese data was then released a little later in the day (or overnight) and although the response to a better than expected export number was positive, it wasn’t long before AUD/USD continued on its downward trajectory. The theme is continuing this morning too and AUD/USD opens in London at .7305. NZD/USD has been pulled lower by AUD/USD as well as the unwinding in NZD/JPY and it trades at .6680 currently.
We expect a range today in the GBP/AUD rate of 2.0800 to 2.1090
We expect a range today in the GBP/NZD rate of 2.2740 to 2.2990
⇒ view full report
Data releases:
RBA Deputy Gov Lowe Speaks, NAB Business Confidence
PPI m/m
Foreign Direct Investment ytd/y, Trade Balance, M2 Money Supply y/y, New Loans
German Final CPI m/m, German WPI m/m, German ZEW Economic Sentiment, ZEW Economic Sentiment
BRC Retails Sales Monitor y/y, CPI y/y, BOE Credit Conditions Survey, PPI Input m/m, RPI y/y, Core CPI y/y, HPI y/y, PPI Output m/m
⇒ view full report Charts : USD/EUR EUR/USD USD/JPY

BER Notebook - FX Market Research & Currency News/Views from our Partners See more >>

OzForex Research
Major Currency Pair Movements Last Week: EUR/USD - Extended its previous week’s gains. USD/JPY - Lost ground last week. GBP/USD - Extended its previous week’s gains. AUD/USD - Extended its previous week’s losses. USD/CAD - Gained ground last week. NZD/USD - Gained ground last week. Continue reading
Posted on 7 September 2015 | 8:01 am
TorFX Research Team
Protect your International Currency Transfer from Events like ‘Black Monday’ with Risk Management Strategies Just as financial markets began to recover from months of ‘Grexit’ fears and investors started focusing on rate hike speculation again, there was another asset-shaking shift in the form of ‘Black Monday’. The state of China’s economy and the slowing pace… Continue reading
Posted on 27 August 2015 | 4:45 am
BER Team
Two charts that show the woe for emerging market currencies despite a pause in the devaluation of the renminbi, the cause of turmoil across global currencies. The implications — among them a more troubled Chinese economy than previously thought, deflationary strains in western countries and falling equity stocks — are being felt mostly by China’s… Continue reading
Posted on 24 August 2015 | 9:24 am
OzForex Research
Major Currency Pair Movements Last Week: EUR/USD - Extended its previous week’s gains. USD/JPY - Lost ground last week. GBP/USD - Extended its previous week’s gains. AUD/USD - Extended its previous week’s losses. USD/CAD - Gained ground last week. NZD/USD - Gained ground last week. Continue reading
Posted on 24 August 2015 | 9:15 am
OzForex Research
Major Currency Pair Movements Last Week: EUR/USD - Gained ground last week. USD/JPY - Showed little change. GBP/USD - Gained last week. AUD/USD - Reversed direction last week. USD/CAD - Lost a fraction last week. NZD/USD - Reversed direction last week. Continue reading
Posted on 17 August 2015 | 5:59 am

$100K money transfer via OzForex and a Bank

Recently, a friend was preparing to transfer $200K overseas. I suggested he split the money transfer into two, to try OzForex. ⇒ read article

What Emerging Currency jitters mean for the AUD ?

The possibility of a Global Emerging Currency (GEC) and the Australian economy being affected. ⇒ read article

Top Five Tips for Buying Property Overseas

Once you have agreed to the terms of an overseas property purchase, you will then need to make arrangements to pay for it.⇒ read article

High or Low AUD, who Benefits?

How does the gyrations of the Aussie Dollar affect Shoppers, Travellers, Importers, Exporters, Money Transfers, Tourism ? ⇒ read article

Get the best foreign currency exchange rate

There are lots of ways; most importantly you need some information. When you use our Best Exchange Rate calculator you can see who is offering ⇒ read article

Get a Multi-Vendor Quote

If you are sending a larger amount, ask for a Multi-Vendor Quote and see what special rates and deals are on offer from our vendors Get a Quote

Why is it that when I go into a currency vendor to send money I never get the rate on the news?

You may well think that you are being ripped off, but it is not always the case. In simple terms what you see on the news or in the paper or on yahoo finance is the Middle Rate or mid-rate. Some people want to buy a currency and some people want to sell a currency and there is a gap (or margin) between the price at which you buy and the price at which you sell. ⇒ read article

What makes sending money internationally so expensive?

There are a number of cost components to making and receiving international payments, most of which are far from transparent to customers: Currency fees, Transit fees, Correspondent bank fees etc ⇒ read article

Advertised Foreign Transfer Exchange Rate - Accuracy Checks

Investigating reports that the exchange rates for International Money Transfers published by Financial Institutions on their websites are better than those available to their customers via Internet Banking. We will publish periodic Exchange Rate Accuracy checks here.⇒ read article

Top Five Tips for Buying Property Overseas from the UK

Whatever your motivation for buying overseas property, the following top five tips can help assure that you have a more positive experience in doing so. ⇒ read article

BestExchangeRates in the Press Money

“A check with the foreign-exchange comparison website shows a big variation in the exchange rates available when sending money and buying cash.” ⇒ read article

We make it Easy to Compare the Exchange Rates & Fees of Banks and Online Currency Exchange & Payment Providers.
This is an information service. By browsing on the website and/or using our comparison tools, you are asking BestExchangeRates to provide you with information about currency exchange products & services from multiple financial institutions. We will try to show you a range of products & services in response to your request for information. The search results do not include all providers and may not compare all features relevant to you. In giving you product information we are not making any suggestion or recommendation to you about a particular product. If you decide to conduct foreign exchange you will deal directly with a financial institution, and not with BestExchangeRates. Rates and product information should be confirmed with the relevant financial institution, see our terms of use for further details. BestExchangeRates may receive fees or other benefits in relation to activity on the BestExchangeRates website. BestExchangeRates may receive remuneration for vendor referral links.    TOS | Full disclaimer | Privacy Statement | Facebook |