Euro sellers find themselves at the moment with a short term opportunity, some light relief as generally there has been an onslaught of losses recently. UK manufacturing and productivity data yesterday missed expectation and gave you guys an opportunity. As mentioned I think this will probably only last the day as tomorrow UK data returns and again is expected to return to the normal way of positive and Pound gains as a result.
Here we help our clients by timing trades plus giving them the knowledge to make an educated decision. Plus with award winning exchange rates available you can be sure that you will save money compared to your Banks. Most financial publications publish the inter-bank trading level which is currently around 1.2550. This is the trading levels of the central banks and not offered to mere mortals like you and I. When you go to the bank for a price you will see the quotation they provide will be far from this which adds to your costs. We here are much closer to that level and hence you see a saving. Historically over the last 10 years of trading independent comparisons have shown the savings here to be between 2%-4% compared to the banks. So generally thousands!
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