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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
October has seen an absolutely meteoric rise for Sterling versus the Euro.
Closing in on almost a 2.5% gain in a handful of weeks.
Bolstered by better than expected economic numbers in the UK and growing unrest in Europe.
The important note is how to protect yourself from potential downside risk.
With the UK budget looming, there's plenty of catalysts on the horizon for a possible retracement back to previous rates.
What are the options?
This is exactly the time to be speaking to your dedicated account manager here at Regency FX.
Based on your own unique circumstances your account manager can potentially offer solutions to enable you to "lock in" a rate of exchange.
Now could well be the time to take action.
Outside of this there's plenty of news at the end of the week that could stir markets.
Global services and manufacturing data gets released throughout the day on Friday.
Historically this has sometimes made exchange rates shift dramatically.
Next week is equally lively with US, Canadian and Eurozone interest rate decisions being reported.
Hang on to your hats.
Global: Friday Manufacturing and Services Data
As ever we look forward to keeping you in the loop and look out for our next update.
Our friendly currency experts are here to assist you and guide you through the markets, we offer a first-class service and even an online platform so you can monitor your transaction in real time.
Our business ethos is based on bank beating rates and fantastic customer service, click the link below for a no obligation quotation and see the savings for yourself.
