With the current volatility in the stock and FX markets and in times of uncertainty it’s vital to ensure you are speaking with a specialist, not only to obtain the best guidance, but also the reassurance to know you are making the right choices when changing your currency.
Just like the stock markets, the currency markets have become increasingly volatile. The US Dollar, Japanese Yen and Swiss Franc have all benefited as investors look for safe-havens to park their money whilst riding out the crisis.
This week the GBP/USD exchange rate fell to a low not seen since 1985. GBP/EUR continues to remain suppressed, whilst EUR/USD to its weakest point since 2017. The situation is ever-changing, and continued volatility is to be expected.
For those sending money to the USA to buy property, make investments or to friends and family, the current exchange rates can be challenging, which is why we want to introduce you to our trusted partner
You can find out more about their service from any of the team at Global Investments, or to discuss an upcoming transfer or simply just have a chat about currency expectations, please email michelle@globalinvestmentsincorporated.com and we can send you a direct introduction where you can speak to a specialist and set up your own account.
