Consumer confidence has unexpectedly dropped in the USA and Spain has credit rating downgraded but it’s looking positive for UK currency.
Still fears of credit tightening, German unemployment worse but small increases in lending. It’s time to open a few currency accounts and start beating the fall.
Sterling is down, Spain has had a terrible first quarter, the US recovery is loosing steam and Greece look set to leave the Eurozone – at least the sun is out!
It is a more long term political view today.
As Sterling continues to perform well it might just be the right time to look at buying Euros and USD for purchases, transfers or travel!
If you are working overseas then it is the ideal time to maximise your currency movements and improve on the bank currency rates.
With the markets ever changing and the economy still unstable, managing your money can save you a great deal – selling, buying or just getting your wages paid in the right currency can maximise your transfer value.