In the last 24 hours we have seen Sterling Euro exchange rates hit a ten month high which has presented some excellent opportunities for clients looking to buy Euros. The question now is how long will this last? With the UK likely to become isolated from Europe following David Cameron’s veto many economists and analysts are suprised that the market has moved as far as it has and are now waiting for the markets to snap back. This means that while the rates are at a high it may be worth making the most of the current levels. At Foreign Currency Direct plc we offer a number of contract options including a forward contract where, for a small deposit, clients can fix a rate of exchange for a period in the future, this contract is perfect for those clients who would like to trade at the high but do not need the currency straight away, this contract is also great to help clients budget and take some of the possible risk out of the market.
If you need to buy Euros and would like to discuss your currency requirements and all the options available to you call us today on 0800 328 5884 or 0044 1494 725353 and speak to one of our experienced and knowledgeable currency brokers who will be more than happy to help explain how we can help.