Could Aussie Dollars have Peaked?
AUD vs USD over the past year.
Australian Dollars have just started to recede from their highest position for years. Could this be the time to sell your dollars for any other Major currency such as sterling, USD, Japanese yen or the Euro?
You don’t have to have all of the money for the deal. With FX-foreignexchange, you just need 10% as a deposit on a “time option forward currency contract”. You can then sitback and relax if the rates drop!
If you have Australian Dollars and have been thinking of selling your aud, perhaps now is the time to take advantage of this great exchange rate. This could be an ideal time to buy a time option forward currency contract. By making a time option version of a forward currency deal, you can draw off the total deal when it suits you at the original preferential rate you’ve bought at. More on time option forward currency contracts here.
For the many of our customers who buy aed, uae Dirhams, with AUD, this is a great opportunity as the aed is pegged to the US Dollar.
Just call Zoe for an up-to-date price 0044 1480 458400. Email Zoe.
FX-Foreignexchange provides an experienced and professional currency exchange brokerage for those seeking the best foreign exchange rates today.
