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Australian Dollar Update // bit.ly/tcsblog-...
We're a little late this week! Here is your weekly Australian Dollar Update. Recovering slightly in the last week, it didn't fall below 75US cents for the first time in a while. We update you on exactly how it is trending, what the exchange rates are and fill you on the recently revised forecasts from Australia's major banks.
3-Minute Read - To read more about the forecasts from major Australian banks, you can read our article here: bit.ly/2AhS1bd.
***The mid market exchange rates, or actual exchange rates, were collected on Saturday May 26th at 9am.
The average bank rates were calculated at the same time using publicly available website pages from Australia’s big four banks; Westpac, ANZ, NAB and Commonwealth Bank.
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This video is for informational purposes only and is not to be construed as an offer to buy or sell any currency or other financial instruments. It does not constitute a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual clients. You should consider whether any advice or recommendation in this research is suitable for your particular circumstances.
The mid market exchange rates, or actual exchange rates, were collected from XE.com on Saturday May 26th at 9am.
The average bank rates were calculated at the same time using publicly available website pages from Australia’s big four banks; Westpac, ANZ, NAB and Commonwealth Bank.