Pound Hits 20 month high against Euro! Also spikes against Dollar, AUD,NZD, CAD,ZAR, JPY, CHF and many more!

Pound to US Dollar rates influenced by political uncertainty in the UK

The Pound saw yet further gains today against the Euro and indeed a basket of major currencies.

This is a breath of fresh air for those in the process of purchasing a foreign property or that have had to put up with poor exchange rates over the past few years.

If you are in the middle of a purchase overseas or rates at present are well over what your company has budgeted for the year then there is the option of booking out your rate on a forward contract… This is where you can lock in to a rate of exchange for anything up to two years for just a small deposit, you can then send the balance to us at any time on or before the date we have agreed at no extra cost and we will provide the Euros for you at the original agreed rate.

Of course if the rate continues to climb you do miss out but there is nothing better than having the peace of mind that you know exactly how much that property will cost and that you won’t get any nasty surprises when you come to pay your balance.

I have been saying the Pound will climb on this site for an awful long time now and those that have sat tight and ridden the wave with me will have truely benefited.

If you have a transfer either large or small (we do not deal in cash) and you would like me on your side then email me directly djw@currencies.co.uk and I will be happy to help you, you could also join our mailing list for free by filling in the form in the top right hand corner of this site… Or if you really want to hear news ‘straight from the horses mouth’ give me a call on the number just above that form.