Whether you’ve just started looking, or you already know the exact cottage you want to buy, a currency specialist can help you with the foreign exchange implications involved in buying a property in France. You may be tempted to contact your local bank as a convenient option but a currency specialist may be able to […]
Chancellor Merkel secured a fourth term at the weekend; this was as experts had predicted, but they weren’t all ready for the narrow margin of her victory, or the election of nationalist candidates from the Alternative für Deutschland (AfD) party into the Bundestag. The result is in contrast to the elections in Holland and France […]
Currency markets are volatile by nature and it’s hard to keep track of all the ups and downs on a daily basis. If you’re considering buying a property overseas, it may seem like an added hurdle to negotiate but working with a currency specialist can help you manage any international payments you need to make. […]
The pound continues to remain under pressure, as it briefly dipped again this morning, but recovered by lunchtime. Following the weekend, sterling has come out higher against most major currencies, strengthening by 1% versus EUR and USD.
The European single currency has maintained its recent strong tone having gained further ground against both the US dollar and British pound over the last week.
Considering the global stock market turmoil of late and the wild swings in the oil price over the last 5 days, you have to say that the European single currency has managed to avoid any major calamity
Since the euro’s rebound in mid-March it has been looking reasonably chipper. In April it was in the leading group of major currencies, strengthening by five eighths of a cent against sterling and the Australian dollar and taking four and a quarter cents off the back marker, the US dollar.
The euro has not been so resilient over the last seven days. It was the weakest performer among the major currencies, falling by two cents against sterling and losing one and half US cents.