Markets poised for Election & Rate Decisions
It’s the calm before the storm…
We have a very busy week ahead kicking off later today with the US election.
We’re not here to make political comments but it could be a volatile few days ahead.
All currencies could be affected because investors could quickly reposition themselves if there is any kind of turmoil.
On Thursday we also have interest rates decisions from the Bank of England and the US Federal Reserve.
Both meetings have the potential for rate cuts as well as revised forward guidance.
Expect the Pound and US Dollar to be lively over Thursday.
With a busy period coming up, make sure you get in touch with the Key Currency team for any specific requirements you may have.
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
- Authorised by the FCA
Current rates:
Tuesday 5th November 2024 at 12:30
£1.00 GBP = 1.1920 EURO
£1.00 GBP = 1.2990 USD
£1.00 GBP = 1.9610 AUD
£1.00 GBP = 2.1660 NZD
£1.00 GBP = 1.8035 CAD
£1.00 GBP = 1.1200 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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