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Pounds to Australian Dollars with Currency Today

Currency Today are a UK based FX currency broker specializing in Pounds to Australian Dollars transfers for corporate and domestic clients. Contact us for the very best exchange rates for all your Pounds to Australian Dollars Transfer needs.

Interbank foreign exchange rates:

These rates are for indication purposes only and are not applicable for holiday money. Holiday money rates click here

Updated: 03-07-2009

British Pound to US Dollar
GB Pounds to Euro
Euros to Pounds
Euro to US Dollar
GB Pound to Japanese Yen
Pounds to Australian Dollars
Pounds to New Zealand Dollars
GBP/ZAR
GBP/CHF
GB Pound / Canadian Dollar
GBP/SGD
GBP/THB
GBP/HKD
GBP/TRY
1.6352
1.1674
0.8566
1.4007
156.71
2.0476
2.5828
12.869
1.7724
1.8940
2.3724
55.497
12.663
2.5112

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Our competitive exchange rates, levels of service and ground breaking technology apply to all our clients.

Competitive - Executing millions of pounds worth of transactions a year provides clients access to a range of suppliers including banks and liquidity providers
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Friday 20/04/2007

• Cable bounces off 26-year highs
• Dollar looks weak again this morning
• UK Retail sales rumoured to be strong this morning
• Hawkish comments from the ECB keep Euro on front foot
• Eurozone yield curve could be predicting a recession
• Oil dips on easing production concerns

US Dollar:

The dollar continued to dip yesterday and looks heavy again this morning on the back of weak inflation in the
week. Cable traded to 26-year highs on Wednesday before dipping to more manageable levels in the mid-
2.00 range. The dollar attempted to rally below 2 but each time failed to break out. This morning Euro-dollar
is looking to trade all-time highs with the cross heading towards 1.3660. A break would see the dollar sold
aggressively.
Overnight a Fed spokesman commented that the inflation drop that signs are encouraging and that they are
waiting to see if this is the start of a trend. No data due out from the US today.

Pound:

The pound traded sideways to down yesterday following the sharp rally on the back of higher inflation and
hawkish BoE minutes during the week. This morning the pound is looking a tad stronger as rumours are circulating
in the market that retail sales data due out at 0930BST are much stronger than predicted. It may be
the age old adage of buy the rumour, sell the fact. We shall see.
Elsewhere UK pay awards came in as expected allaying concerns that the BoE had that pay awards may run
away early this year. Apart from retail sales no other UK data is expected today.

Euro:

The Euro continues to look strong approaching the weekend. Overnight ECB uber-hawk Axel Weber said that
the ECB must counter medium-term inflation risks, the German upswing may last for years and that they
can’t give the all-clear on rates quite yet. All of these comments have put pressure on the futures markets
and given the Euro a boost this morning with all-time highs close against the dollar.
Interestingly short-term vs long-term yields are very flat which is generally an indicator of a recession; each
time this has happened since the 60’s in the US a recession has materialised.

General News:

• The yen lost value this morning as a small earthquake (6.7) jolted Okinawa. The BoJ is also predicted
to lower their inflation outlook for the current fiscal year.
• The Kiwi fell a tad overnight as immigration data showed a small drop over the year.
• Australian Treasurer Costello said that the recent drought could increase food prices and that the high
AUD is hurting exports.
• Oil dipped yesterday with traders easing concerns of a US production slowdown. The fall was underpinned
by Iran starting a uranium enrichment programme in an underground bunker. $63.50.

Interbank foreign exchange rates:
Updated 20th April
G BRITISH POUND / US DOLLAR 2.0064
GB POUNDS / EURO 1.4716
EURO / US DOLLAR 1.3631
GB POUND / JAPANESE YEN 238.10
GB Pounds / AU Dollars 2.4019
GBP/NZD 2.6916
GBP/ZAR 14.0965
GBP/CHF 2.4155
GBP/CAD 2.2634
GBP/SGD 3.0285
GBP/THB 63.962
GBP/HKD 15.6755

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