Rate Update: The Pound to Euro opportunity
The Pound to Euro rate has been erratic over the last few months.
It plunged in mid-March, staged a big comeback in April, and faded through May and June.
In July, the rate has been climbing again...so far.
Given all the uncertainty we face from global risk events, the heightened volatility in exchange rates is expected.
But it doesn’t have to be a negative.
For those holding Pounds or Euros, it’s more of an opportunistic market.
The upside from volatility is that it gives you a chance to capture a better rate by keeping a close eye on the daily fluctuations.
No one has a crystal ball, but a taking a passive approach right now could see you miss the best opportunities.
Why not get in touch so we can structure a plan and discuss a strategy.
As part of our service, Key Currency can monitor exchange rates for you, help make sense of your budget and find you the most suitable currency solution.
The Pound to Euro rate has been erratic over the last few months.
It plunged in mid-March, staged a big comeback in April, and faded through May and June.
In July, the rate has been climbing again...so far.
Given all the uncertainty we face from global risk events, the heightened volatility in exchange rates is expected.
But it doesn’t have to be a negative.
For those holding Pounds or Euros, it’s more of an opportunistic market.
The upside from volatility is that it gives you a chance to capture a better rate by keeping a close eye on the daily fluctuations.
No one has a crystal ball, but a taking a passive approach right now could see you miss the best opportunities.
Why not get in touch so we can structure a plan and discuss a strategy.
As part of our service, Key Currency can monitor exchange rates for you, help make sense of your budget and find you the most suitable currency solution.