The fuel shortage was always going to sap confidence and cool a hot economy.
The Australian dollar shrugs its shoulders at news of the U.S. blockade of the Strait of Hormuz.
The Australian dollar has rallied on improvements in the geopolitical sphere, but currency specialists warn of a potential reversal.
The Australian dollar hasn't enjoyed the war in the Middle East, and is vulnerable to further declines in the coming days.
Horizon Currency Ltd
Albany House
14 Shute End
Wokingham
RG40 1BJ Companies House Registration: 11242368
Horizon Currency doesn't take custody of your funds. We execute your payments through FCA-registered companies, which hold your funds in segregated tier-1 bank accounts. These firms are:
1) Equals Connect Limited, registered in England and Wales (registered no. 07131446). Registered Office: Vintners’ Place, 68 Upper Thames St, London, EC4V 3BJ. Equals Connect Limited is authorised by the Financial Conduct Authority to provide payment services (FRN: 671508).
2) Sciopay Limited, registered in England and Wales (registered no. 12352935). Registered Office: WeWork, WW Moor Place Limited, 1 Fore Street Avenue, London, EC2Y 9DTE. Sciopay Ltd is registered with the Financial Conduct Authority (927951).