Pound hits 18-week high against the Dollar

In recent times, any rallies have fizzled out quickly.

But against the US Dollar, it’s been a different story.

After crashing in March, GBP has subsequently gained over 10% against USD.

Investors are in an optimistic mood about a possible vaccine and economic recovery.

It’s more hope than reality at this stage.

However, that’s the thing about currency markets: sentiment can overrule hard data (at least in the short-term).

It’s why we are always on the look-out for opportunities.

Timing can play an important role in making the most of the currency you need.

Part of our service is to track rates continuously and let you know if the rate moves in your favour.

If you would like to benefit from our expertise and insights, please get in touch.

You can find out our latest exchange rates below.

To discuss Exchange Rates and Your Currency Options, please contact our trader today on 01872 487 500.
Need to Trade Your Currency soon, then request a free quote and we’ll look after you from there.

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

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