Big Swings bring Big Opportunities

Pound Sterling has been having some big swings against the Euro over the past fortnight.

You can see why given the recent news.

The UK fuel crisis is a potential problem for Sterling, but the Euro has its own problems.

Germany, the EU’s biggest economy, is facing uncertainty with their political powerhouse, Angela Merkel, stepping aside on Sunday after a 16-year reign.

Volatility isn’t necessarily a bad thing.

It can provide an opportunity for both buyers and sellers of Pounds.

Looking ahead, the key news this week is the Bank of England meeting on Thursday.

There’s no expected move in rates, but the focus will be on rising inflation and the tapering of stimulus.

With volatility on the rise, timing matters more than ever.

As always, we are keeping a close eye on currencies, and can alert you to the best opportunities as they arise.

To find out our latest rates, click below.

Thanks For Reading, What Next?

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.

Current rates:

Tuesday 28th September 2021 at 09:30

£1.00 GBP = 1.1698 EURO

£1.00 GBP = 1.3662 USD

£1.00 GBP = 1.8807 AUD

£1.00 GBP = 1.9584 NZD

£1.00 GBP = 1.7281 CAD

£1.00 GBP = 20.6131 ZAR

Want to Learn More?
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Clients can typically save you 3-4% of the total transaction value, which can result in significant cost savings.
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