US Dollar hits 2-year high against the Pound

The US is acting more aggressively against inflation and is thriving as the rest of the world fears recession.

As a result, the Dollar has strengthened against both the Pound and the Euro.

The Pound though, is up against the Euro this week.

This is because data suggests the Eurozone is closer to recession than many analysts expected.

However, the flurry of government minister resignations creates new fears for the Pound.

If you have a currency transfer in mind it could pay to discuss it with your account manager.

Get a free exchange rate quote below or give us a call on 01872 487 500.

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