Budget Day, Rate Decisions & Fear Factor
Today we have the Budget due out in the UK.
Expect some volatility in the Pound as investors take in the details.
Remember the meltdown after the mini-Budget from September 2022?
Let’s hope it’s as dull as dishwater.
On Thursday we have the ECB rate decision. Interest rates are expected to rise by 0.5% in the EU.
Anything outside of that and GBP/EUR could go haywire.
And in the US, there are still daily jitters around the collapse of Silicon Valley Bank.
The Fed is doing its best to bring calm, but collective fear is a difficult beast too tame.
So what next, what should you do?
With everything going on, there’s plenty of potential for market opportunities.
Make sure you reach out to the team with any upcoming requirements.
You can call us on 01872 487 500.
Or to find out our latest rates, click below.
Benefits of using Key Currency:
- Great exchange rates
- Quick and easy transfers
- No transfer fees
- Expert help and guidance
- Authorised by the FCA
Current rates:
Wednesday 15th March 2023 at 10:30
£1.00 GBP = 1.1350 EURO
£1.00 GBP = 1.2100 USD
£1.00 GBP = 1.8202 AUD
£1.00 GBP = 1.9489 NZD
£1.00 GBP = 1.6613 CAD
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