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I have had a lot of clients contact me recently unsure as to what to do with an upcoming exchange of currency.
Whether you have Euros to exchange into Pounds/Dollars or you wish to purchase Euros with either these currencies making the decision at the right time can make a huge difference on the cost.
I have helped clients do exactly this for over ten years and always aim to do my best in explaining the various options available to you, these include forward contracts, stop loss and limit orders and can be extremely handy market tools for certain situations.
If you are in the process of buying an overseas property or your business has the need to exchange Euros then it would be extremely sensible to email me (Daniel Wright) directly on [email protected] explaining what you need to do so that I can contact you personally and explain the options available to you.
With the Greek issue now awaiting a parliamentary vote tomorrow the Euro really is a fragile currency and may weaken off at any time. Should everything be passed through then the current trend of Euro strength that we have seen may continue and those looking to purchase Euros in the near future may have to seriously consider their options.
We have a new rate guarantee service so it is well worth getting in touch as even if you feel you are getting a reasonable price on your currency then there is a high chance you can still do a lot better.
I welcome all new clients and no question is too large or too small so feel free to contact me (Daniel Wright) on [email protected] and I will be more than happy to respond personally.