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Uneventful week for the AUD against the Pound Sterling.

Written by Sam Coxhead on December 14th, 2012.      0 comments

3:18 PM (NZT) This pair has had a rather uneventful week. The tight range indicative of the lack of material economic news of impact in either economy. Around current levels offer good value buying of GBP, but do not expect the rates to move too dramatically in the short term. Next week’s RBA and BOE monetary policy meeting minutes will be closely watched, as will the monthly inflation and retail sales data in the UK.
 
The current interbank midrate is:                                                  AUDGBP  .6532                           GBPAUD 1.5309 
                                                                                         
The interbank range so far this week to date has been:       AUDGBP .6513 - .6545              GBPAUD 1.5279 – 1.5354
Topics: AUD GBP
 

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