Unlike booking flights, exchange rates for foreign exchange do not have a ‘best day to buy’. Within the travel industry it is known Tuesdays are the cheapest day to fly, but exchange rates don’t work that way.
Movement in foreign exchange rates depends on the global demand and supply of goods and services, as well as political and economic factors. These bank forecasts will help give you a great understanding of which direction Australian dollar currency pairs will move in the future.

