Currency Exchange Commentary
Despite the fact that we have now had for many years our common currency of the Euro, Europe is not alone in the World. Currency exchange is an integral part of today's world with people moving money from currency to currency.
Here we provide an update on currency markets and movements. We are not suggesting that our clients become currency traders or, as they are often known, Forex traders. Far from it. It is a highly speculative form of investment. However, when clients have a genuine need to move money between currencies we are able to assist by getting clients market leading rates. Using Foreign Exchange / Currency Exchange companies like Currencies Direct we are able to make improvements, sometimes of thousands of Euros for the benefit of clients.
We also take into account currencies when discussing with clients their investment arrangements. A case study on how we do this can be viewed here.
Currency Exchange Commentary
The bank of England's Inflation Report for November 2008 makes bleak reading for Sterling. With a weak economy and falling inflation further interest rates have been forcast and rates MAY go as low as 0% as they did in Japan. Click to the the Inflation report.
