Ian Cragg 6/1/25 Ian Cragg 6/1/25

Send Payments Weekly Trading Update 6th January 2025

In The News🌏 – Market Conditions and what to look out for this week 🗓️

AUD/GBP dropped to multi-year lows over the Christmas period, dropping into the low 0.49's before regaining the 0.5000 level on Thursday.
Throughout December, the rate dropped to 5.1%, starting at 0.5200 and ending the month at 0.4930.
The AUD has dropped rapidly against various currencies due to potential rate cuts in Australia and a broad risk-based sell-off in the currency.