Bank of England Decision
This week has been relatively quiet data wise so far, the market is however awaiting the outcome of ‘Super Thursday’ where the Bank of England’s policy announcement will be accompanied with the latest meeting minutes and inflation report.
Thursday is likely to be an extremely volatile day’s trading, now is a great time for us to be speaking with British clients to discuss their Euro requirements to ensure they’re getting excellent exchange rates and taking advantage of these phenomenal buying levels. With ‘Super Thursday’ now being branded as the most significant days trading in the calendar month we are expecting big movements which for the large majority of clients will vastly affect their property purchase price.
GBP/EUR exchange rate
At time of writing, the GBP/EUR exchange rate is currently sitting at 1.4200 over 2% up from where rates were last week at 1.3980. This 2% move on the exchange rate saves clients 2% from the property price they are buying. This is why clients’ needs to be speaking with a dedicated currency broker that can help them maximise the exchange rate as the higher the rate, the cheaper the property becomes.
Why should your client use FC Exchange?
FC Exchange is a foreign exchange specialist that typically saves clients up to 4% on exchange rates compared to transferring money internationally through a bank. FC Exchange is an FCA authorised E-Money institution (FRN: 900205), having a "higher” security permission with the Financial Conduct Authority than an authorised payments institution would.
FC Exchange provides a boutique-styled customer service, offering clients a single, dedicated point of contact.
Further, for your assurance, FC Exchange offers a Best Exchange Rate Guaranteeand aims to provide clients with a service that is not only easy to use, but offers you peace of mind.
Clients can contact FC Exchange’s Sam Edmanson on email@example.com to open a FREE no obligation trading facility (takes two minutes) click the following link and Sam Edmanson will be in touch to discuss any requirements www.fcexchange.co.uk/register.