If inflation is high the best way to push it down is to raise interest rates and when interest rates are hiked it is generally seen as positive for the currency concerned and with the markets moving on what may potentially happen as well as what has happened this has led to the Pound rising quite substantially for a change.
Should you wish to take advantage of this rare spike do feel free to get in contact with me straight away on the number below just in case it is once again the same story of last year and Sterling taking two steps forward and three steps back
This is a brief summary of todays report for further information feel free to Email Me - Or click on the banner below to see today's full market report Click here to read the full report on our main website
If you have the need to send money overseas or bring money into the U.K and want the best exchange rates and a great service just click on the links below to go straight to our main site and click on the register now button to open a free no obligation trading facility quoting DANIEL WRIGHT as your point of contact.
I assist thousands of clients to send money overseas or receive money from overseas involving the following currencies - Please note I do not deal with cash it is bank to bank only!! AED AUD BHD CAD CHF CZK DKK EUR GBP HKD HUF INR ILS JPY KES KWD MAD MUR MXN NOK NZD OMR PLN SAR SEK SGD THB TRY USD ZAR
Have a great day and thanks for reading!
Daniel Wright
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