Australian Dollar falls than goes up and than goes down than it goes up

by Damian George | November 26, 2008 at 02:25 pm
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Australian Dollar falls than goes up and than goes down than it goes up

Australian Dollar falls than goes up and than goes down than it goes up

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Australian Dollar falls than goes up and than goes down than it goes up

Hi All

Australian Dollar falls, than goes up and then goes down, then it goes up and i am now getting very confused!!!

Today the pounds to australian dollar rate opened at 2.3800 than went down to 2.3500 before going back up to 2.3900 before ending at 2.3300. This is getting very confussing and messey and show the importance of using limit orders to acheive the best exchange rates. 

Selling £150k Buying Australian dollars at 2.3850 vs 2.300 you could save you £3,459.12 or almost 2% just on the exchange rate alone.

Bye For Now

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