A surprise announcement from the States last night has led to major Dollar strength as the Federal Reserve has raised the cost of borrowing for banks over there which has really shifted the markets overnight.
The Pound has also seen major losses this morning against a basket of major currencies which may be set the pattern for the day.
Anyone with upcoming transfers may wish to get in touch to discuss what is expected in the coming hours in order to make a decision on to when to book a rate.
his is a brief summary of todays report for further information on the currency markets or if you have an upcoming transfer to make and want to discuss the options available to you call Daniel Wright on 01494 787462 or email me djw@currencies.co.uk
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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