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By Tom Higham

In a new twist in the Eurozone the rating agency Standard and Poors downgraded Spain to AA rating from triple A. This is further bad news for an already rocking Eurozone, however the market has not reacted overly with Sterling Euro exchange rates down by half a cent despite the news. The pound has also lost a cent against the US Dollar, two and a half cents against the Australian Dollar and three cents against the New Zealand Dollar.

This is one of the worst days trading the pound has had for the last few weeks, following a very positive run. So, if you want to send money overseas and do not want to lose any more ground complete the contact us form and an experienced currency broker will be in touch to discuss all the options open to you.

By Tom Higham

The Pound has strengthened be over a cent and a quarter from start of trading taking Sterling to some of the highest levels we have seen for several months against the Euro. Sterling is also up against the US Dollar by a cent presenting some fantastic buying opportunities.

While the pound continues its recent good run it is being mainly put down to the run in to the election and also investors lack of confidence in the Eurozone as money floods out of Europe and into the UK and the Dollar as Greece saga rumbles on. So, if you need to send money overseas complete the contact us form and an experienced currency broker will contact you and explain all the options open to you.

By Tom Higham

The Pound has continued to rally this morning despite the levels of uncertainty in the political arena. Some polls are showing a Lib Dem lead while others are showing a Tory lead but neither showing enough for a majority so while the election rumbles on it is likely that we will continue to see a lot of volatility in the currency markets. So, while the Pound is at a two month high against the Euro and up by over three quarters of a cent today there are some fantastic buying opportunities.

So, if you need to send money overseas complete the contact us form and an experienced currency broker will be in touch to explain all the options open to you and the current live buying and selling prices.

By Tom Higham

The Pound has begun the week losing ground following a new opinion poll published in the Sun this morning showing the Liberal Democrats leading the race but the fact that the difference between the three parties is so small that the chances of a hung parliment is increasing and as a result Sterling has lost over a cent against the Dollar, nearly one and a half cent against the Kiwi Dollar and half a cent against the Euro. With more live tv debates coming up it is likely that the opinion polls will continue to swing one way and another and as a result the Pound could move with it leading to a very dramatic weeks in the markets.

By Tom Higham

The currency markets are still being driven by the current election campaigns as each opinion poll seems to be causing large swings on the exchange rates with polls suggesting a hung parliment leading to Sterling weakness and polls suggesting a Tory majority causing Sterling strength. The closer we get to the election the more volatile the market is likely to become, so if you want to take the risk out of the currency market then speak to a specialist currency broker who will be able to explain all the options open to you including a forward contract where you can fix the rate of exchange at the current levels for a period in the future perfect to help you budget.

Should you like to discuss the options open to you please complete the contact us form and an experienced currency broker will be in touch.