We may see a fairly volatile end to the month for Euro exchange rates due to what are known as end of month and end of quarter flows, which can lead to market movements without warning for Euro exchange rates.
Month end flows are essentially where large corporate institutions or funds net off their end of month positions which can lead to extremely large amounts of money being moved around the world, hence moving exchange rates without any prior warning.
On top of this, at the end of the month and the end of the quarter the EU do make fairly substantial payments at the end of the month/quarter which can also have a similar impact, market movement without any real warning.
During the course of a month the currency market will fluctuate by the second, and usually a lot of this movement will be based on economic or political data, much of this is scheduled so this allows for those that have a large currency exchange to make to ensure they are watching the markets when these are due out so that they can react accordingly.
If you are in the position where you need to carry out an exchange fairly imminently but do not have all day every day to watch the markets then this is where we can step in and offer you assistance.
Not only can we call you to inform you of any market spikes in your favour but we can also do this should the market start to move against you. Most brokerages will leave you to do this on your own but we like to think that we stand out from the rest, both in terms of our level of customer service and our exchange rates too.
If you feel that our service will be beneficial to you and you have the need to exchange Euros in the near future then feel free to contact me (Daniel Wright) the creator of this site on firstname.lastname@example.org and I will be more than happy to contact you personally to help tailor a plan of action suited to your needs. I look forward to speaking with you.