Christmas Currency Market!

As we approach Christmas and many organisations around the world start to shut down for the holidays the currency market remains in full swing. As a global commodity the currency market will only be close on the traditional bank holiday in the countries that observe Christmas. This means that volumes moving through the market is considerably lower than normal and this means that economic data releases and comments from noteable people can have a more pronounced impact on the exchange rates. As a result of this we can see some large peaks and troughs in the market which can present some excellent trading opportunities but only for those clients who are well prepared.

People are often very busy in the run up to Christmas but if you have a currency transfer to make it is important to find time to speak with us here at Foreign Currency Direct plc so that our experienced currency brokers can discuss your currency requirements and the options available to you. We have a number of different contract types that can help take the stress out of the currency markets during this festive period. For example, a limit order allows clients to target a specific rate of exchange even if it is not currently available and then lets out systems monitor the markets and secures the exchange rate as and when it hits that level. This means if you speak to us early you can then sit back and relax over Christmas knowing that should the market spike up as we have seen it done in the past then you could benefit from the higher exchange rates.

So, if you do need to transfer money internationally please speak with us today. Our friendly and helpful team have many years of experience in the currency markets and with our award winning exchange rates we could not only save you money but also time. You can call us for free on 0800 328 5884 or if calling from abroad call us on 0044 1494 725353 or alternatively email me on