As the week draws to a close the markets are left to reflect on what has been described by many as the beginning of the end for the Eurozone and its single currency. As financial Armageddon bears down on the Spanish economy and investors run for cover, I have to ask myself which twist this [...]
If you are one of the 26,000 regular readers a month that finds our currency updates both insightful and interesting then you will be pleased to know we can actually assist you with any currency transfers you may have, from smaller transfers of £1000 up to multi millions we have the right department to be [...]
Yet another week goes by and once again Euro news has been in the headlines… Yes for sure there is just so much trouble within Europe and without a doubt 2012 will see some changes that have never been seen before but I cannot see that even if there is a decision to dissolve the [...]
Good morning, If your company or indeed you personally make regular currency transfers overseas then it is certainly worth getting back in touch with me. Every company that trades across the globe can be at risk from adverse market movements no matter how large the transactions may be. The movement of exchange rates can have [...]
Yesterday saw the largest movement for the Swiss Franc in its history as the Swiss National Bank decided to set a minimal level for the Franc against the Euro. Within ten minutes the CHF weakened by roughly 8% against everything as CHF was sold off rapidly by the SNB to get from 1.10 to 1.20 [...]
My clients continue to ask me just what will happen to the Pound against the Euro and in truth, like major analysts worldwide and the majority of people if I am completely honest you just cannot be completely sure. What you shoud be doing in this current market is looking at it from an investors [...]
The currency markets over the past few weeks have been unbelievably volatile and we have seen the stronger performers (JPY,CHF) over the past few days moving up to 4% in a day as central banks attempt to devalue their currency as the pure strength is really causing them high troubles. Japan for instance is having [...]
Many regular readers come to us for assistance with their currency transactions and we can certainly point you in the right direction, even on amounts of £5000 plus every percent you can save is still £50 in your back pocket!!! I work for a specialist currency brokerage and can save you money, all you need [...]
This morning sees the release of PMI (Purchasing Managers Index) data for both the U.K and the Euro Zone, Europe stepping up first at 09:00 and the U.K following shortly after at 09:30am. I would imagine whoever performs the better of the two should gain ground on the other, however the market moves on rumour [...]
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