Pound Alert: UK Budget tomorrow
Some big events coming up…
Tomorrow, we have the UK Budget and then, next Tuesday, the US Election.
We also have interest rate decisions from both countries in the next fortnight.
As for the imminent UK Budget, we know tax hikes are coming but it’s also been leaked the government will try to offset any drag on the economy with ‘growth projects’.
Over the pond, the US Presidential Election is less than a week away.
According to bookmakers, Trump has a 62.5% chance of winning. This has been strengthening the Dollar.
While markets have been fairly tame the last few sessions, there are still some stand-out currency trends in place.
GBP / EUR remains near 2-year highs.
GBP / USD remains near 2-month lows.
Given the significant events to come in the US and UK, it might be worth discussing your upcoming requirements with one of our in-house currency experts.
So what next, what should you do?
Get ahead of the game and read our Guide to Foreign Currency Exchange.
Download the Guide Here - with no obligation of course.
For any concerns or discussions on your upcoming currency requirements, make sure to reach out to us.
To speak to a member of our team, call us on 01872 487 500.
To find out our latest rates, please click below.
- Great exchange rates
- Quick and easy transfers
- No transfer fees
- Expert help and guidance
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Current rates:
Tuesday 29th October 2024 at 09:40
£1.00 GBP = 2.0005 EURO
£1.00 GBP = 1.2985 USD
£1.00 GBP = 1.9445 AUD
£1.00 GBP = 2.1710 NZD
£1.00 GBP = 1.8020 CAD
£1.00 GBP = 1.1245 CHF
How to Save Money on your foreign currency transfers
- Key Currency can save you money by offering more competitive rates of exchange than your bank.
- Clients can typically save you 3-4% of the total transaction value, which can result in significant cost savings.
- All client funds are held in segregated accounts with top-tier banks keeping your money safe and secure.
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