|
Daily Market Report | Currency insight from Excel Currencies |
| |
|
| Written by Dan Waterman December 11th 2024 |
|
Pound v Euro currently 0.5% higher than any point in 2024 and the best time to buy since Brexit..
|
| Never one to shy away from a forecast, I did suggest on Monday that this week Sterling was poised and it was going to potentially be a good week ahead.
However, I didn't foresee in my crystal ball, that it was going to go much higher than anticipated and get there much faster.
Current levels are the best seen since June 2016 people!!
£-€ has gained a ridiculous 5% in 2024, meaning on a £200,000 exchange, this has made some €12,000 in profit..
Yesterday we broke our record for GBP v EUR volume in 1-day. For those that have yet to 'pull the trigger', you haven't missed out (yet) as rates are still holding today.
Now is the best time to be buying Euros in over 8-years. Let that sink in for a moment and then get in touch with us to buy Euros.. .
|
|
Expected mid-market ranges for December 11th 2024 | | |
|
On this day - | In 1282, Llywelyn the Last (Prince of Wales) is killed by forces of King Edward I in South Wales
In 1620, Mayflower Pilgrims come ashore in Massachusetts
In 1913, the Mona Lisa is recovered 2-years after it was stolen from the Louvre
In 1946, UNICEF is established
|
|
|
| Open an account | No credit checks are required and it takes just 2-minutes to register. It is free to set up, maintain and close and there is no-obligation to trade with us.
|
| | | | How we keep your funds safe | Let us answer and explain the most important question you should be thinking when considering using a company like us to transfer your money abroad.
|
| | Why choose us? | Read what sets us apart in the industry, how we take a different approach to overseas payments & why we should be your choice.
|
| | Hedging | A key component to our offering is risk management of your funds. Here we explain some important products you should be considering when moving a large sum abroad.
|
|
|
How we can help | Since 2004, we have been helping customers move their money overseas safely, quickly and at a preferable rate of exchange. Whether your requirements are purchasing a dream property abroad or your business is paying suppliers for products, we can help.
We are the exclusive currency partner to many well established real estate agencies and solicitors worldwide and we consult a varied customer base who have large requirements for foreign exchange. | Our team of experienced currency consultants will save you an enormous amount of time and money, by getting to know you, your requirements and your risk appetite. Your dedicated account manager will be there to offer you expert guidance to ensure your money goes further. | Get in touch with us today for a personal service that you won't get anywhere else on 01322 221 121 or email us at info@excelcurrencies.com |
|
Referral Rewards | Referrals are the lifeblood of our business. Good reviews are our metric for success. We are driven by making a difference in peoples lives when it comes to overseas payments and if you know anyone that could benefit from our service, please let us know here.. | We have some great rewards to offer | | |
|