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Sterling spikes as Theresa May reassures business and brings confidence to the Pound (Daniel Wright)

Monday, November 21, 2016 11:01
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The Pound has had a fantastic start to the week, gaining ground against every major currency but the South African Rand over the course of trading today.

As I write this we have seen Sterling exchange rates breach 1.17 against the Euro, hanging around the 1.25 mark against the Dollar and closing in on 1.70 against the Australian Dollar.

Days like this really do show just why it is key to keep in contact with an experienced and proactive currency broker, I have informed lots of clients today about the spike and many of them have taken advantage which has made their currency purchase a lot cheaper.

We deal with overseas property purchases/sales, business transactions, wage payments and much more so if you are in the position that you may need to carry out a currency exchange for any of these reasons then feel free to contact me (Daniel Wright) directly on and I will be happy to get in touch personally.

Later this week we will have Chancellor Philip Hammond and his Autumn Statement. Investors and speculators alike will be watching this with baited breath, waiting on hints for how the economy is due to be tackled throughout the ‘brexit’ process and how he plans top approach certain matters.

We still have the small matter of the high court decision regarding Article 50 so this may lead to some exceedingly volatile times coming up which is why it is essential to have someone on your side.

All of the writers here work for one of the top foreign exchange companies in the U.K and can help anyone around the world with their currency exchanges.

We pride ourselves on achieving our clients market leading rates of exchange but on top of this we like to think our level of service is second to none. We now have over 90,000 satisfied clients and have helped thousands of readers of this blog save money over their bank or current broker over the past 7 years.

Feel free to contact me (Daniel Wright) by emailing if you feel I can be of assistance to you and I will be more than happy to contact you personally to discuss the various options available  to you in simple terms.


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