Property finders Costa Blanca

16/05/2022

19/01/2021

STERLING NEARS 3 YEAR HIGH!!!
You do get some strange moves in currency markets, this is why it often pays to grab opportunities when they arise.
It might surprise you to know that the Pound is sitting near 3-year highs against the US Dollar - the world’s reserve currency, an incredible performance by the Pound given the fragile situation in the UK with COVID and Brexit. Of course, the US has also had its fair share of pandemic and political troubles that have dented the Dollar.
Against the Euro, the Pound has struggled to generate the same momentum. It’s been more of a rollercoaster ride in recent times. The Brexit deal failed to give the Pound the leg up that many expected. It was a sign perhaps that investors aren’t convinced the matter is resolved.
No doubt there will be opportunities for GBP-EUR buyers and sellers over the coming weeks, but these may well be short-lived, therefore, it makes sense to get in touch with our dealing team in advance to make sure we are aware of your requirements, and you can act when the rate moves in your favour.
CONTACT US FOR THE BEST CURRENCY TRANSFER RATES! 💶💶💶💷💷💷
https://www.mycostablancahome.com/ind…/services/key-curren

14/04/2020

POUND SURGES OVER 9% SINCE MARCH SLUMP

As things stand, the Pound has clawed back much of its March losses.
To recap, panic selling led to the Pound getting savagely dumped in favour of the Euro and US Dollar. With investors now becoming more optimistic, the Pound has since lifted.
We appreciate that most of the news recently has rightly focused on the ‘health crisis’, the ‘economic crisis’ is coming next.
Globally, there will be a recession. That’s inevitable. The true economic impact of the coronavirus won’t be fully realised for a while yet.
Given the extremity of events, there will be further significant shocks to come in the currency markets over the coming weeks and months.

If you need to move money abroad, please get in touch with a member of the Key Currency team and they will be on hand to discuss the timing and ex*****on of the trade with you.

Managing your currency exposure effectively now will give you one less thing to worry about down the line.
We continue to provide our usual service. Our banking and payment systems are operating as normal.

CONTACT US FOR THE BEST CURRENCY TRANSFER RATES! 💶💶💶💷💷💷

https://www.mycostablancahome.com/ind…/services/key-currency

06/04/2020

POUND UP ON REVERSAL OF PANIC

The Pound has climbed back up to 3-week highs against the Euro and Dollar.

It’s more a reversal of the panic selling than a shift in fundamentals. In times of crisis, the Pound tends to get hit harder than currencies perceived to be safer, such as the US Dollar, Euro and Swiss Franc.

The recovery is far from convincing and at present, the Pound is at the mercy of rotations between hope and fear. One further implication of coronavirus is that it’s likely the Brexit transition period will be extended. Both Boris Johnson and the EU’s chief negotiator, Michel Barnier, currently have coronavirus. Without a doubt, it’s highly uncertain times for individuals and businesses.

If you have a currency requirement or are just worried about your foreign exchange exposure, please do get in touch.
Our banking and payment systems are operating as normal.

CONTACT US FOR THE BEST CURRENCY TRANSFER RATES! 💶💶💶💷💷💷

https://www.mycostablancahome.com/ind…/services/key-currency