Currency Note Worldwide

Another good week for the Australian dollar expected

By Ricky Bean April 4th, 2016

We expect a busy week ahead for the Australians, beginning with their retail sales data today – expected show a 0.1% improvement from last month’s figure. Tomorrow early morning, we will see the Cash rate and RBA rate statement. The cash rate is to remain at 2%, as it has done since May 2015. Australia will be hoping for some positive results here to continue with the gains made last week – now is actually the best time to sell Australian dollars against sterling for over a year!

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