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 at the right times.
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, repatriate salary or just to send money to friends and family, the current exchange rates can be challenging, which is why ACE-FX should be your trusted partner.
For the last 10 years, ACE-FX have been helping customers make the most out of their currency payments. Together with better exchange rates than most banks, offering you immediate savings, their expert traders are available to talk through current market conditions, giving you the confidence to transfer your money at the right time.
To find out more about our services, discuss an upcoming transfer, or just have a chat about currency expectations, please click here and register for a free account or contact the Head of Transfers via email: firstname.lastname@example.org.