There’s a pivotal week ahead in the currency markets.
Interest rate decisions galore!
The US Fed kicks things off with its interest rate decision on Wednesday.
The Bank of England and European Central Bank follow on Thursday.
These announcements will set the tone for Pound, Euro and Dollar strength into 2023.
For months we’ve seen big interest rate rises.
Could that be coming to an end?
The bottom line is it’s likely to be a volatile week in the currency markets.
So what next, what should you do?
If you have a transfer in mind, speak to your Account Manager who can help guide you on the timing around the interest rate announcements.
Click below to get a free exchange rate quote or call 01872 487 500.
Get a free quote here
Current rates:
Tuesday 13th December 2022 at 11:00
£1.00 GBP = 1.1657 EURO
£1.00 GBP = 1.2281 USD
£1.00 GBP = 1.8147 AUD
£1.00 GBP = 1.9224 NZD
£1.00 GBP = 1.6731 CAD
How to Save Money on your foreign currency transfers