The US Dollar has jumped to 35-year highs against Pound Sterling.
It’s perhaps even more surprising as the US government is trying to depreciate the Dollar.
But as investors panic, they have driven USD to extreme levels (well beyond any fundamental reasons).
It’s a great opportunity for those holding US Dollars and wanting to convert them back to Pounds.
In the space of a single month, you have profited by 11.7%.
As you can imagine, moves of this magnitude don’t come along very often.
If you hold USD and want to take advantage of the valuation spike, please get in touch.
To speak to a dealer, call us on +44 (0)1872 487 500. We are open as normal.
Or to find out the latest rates, simply click on the link below.
Thanks For Reading, What Next?
Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.
Current rates:
Friday 20th March 2020 at 11:15
£1.00 GBP = 1.0970 EURO
£1.00 GBP = 1.1761 USD
£1.00 GBP = 1.9885 AUD
£1.00 GBP = 2.0226 NZD
£1.00 GBP = 1.6791 CAD
£1.00 GBP = 20.4258 ZAR
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