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Currency Market Update - 4th October 2023

The one Megatrend in Currency Markets

Right now there is one 'Megatrend' in currency markets…

The strength of the US Dollar.

The US Dollar has gained against the Euro for 11 weeks straight.

And against the Pound, the Dollar now sits near 7-month highs.

It’s more astonishing when you consider the US has had a lot of nasty news recently.

As always, it seems to come down to interest rates.

The US economy is proving resilient, allowing the US Federal Reserve to keep rates higher for longer.

The same can’t be said for the UK and Europe, where it’s economic eggshells.

If anything, investors are pondering whether rate cuts may be on the medium-term horizon.

It’s a balancing act for central banks – how to kill inflation without killing the economy. Ideas anyone?

So what next, what should you do?

If you are looking to make a transfer, the main thing is to take advantage of the opportunities and trends that arise.

Please get in touch so we can help you achieve the best result.

You can speak to a member of our team on 01872 487 500.

To find out our latest rates, click on the link below.

Quote 'World Property Network' for the best rate.

www.keycurrency.co.uk

Benefits of using Key Currency:

  1. Great exchange rates
  2. Quick and easy transfers
  3. No transfer fees
  4. Expert help and guidance
  5. Authorised by the FCA

Current rates: 

Wednesday 4th October 2023 at 11:00

£1.00 GBP = 1.1552 EURO

£1.00 GBP = 1.2132 USD

£1.00 GBP = 1.9172 AUD

£1.00 GBP = 2.0547 NZD

£1.00 GBP = 1.6614 CAD

Save Money on your Foreign Currency Transfers

Key Currency Logo

Need to Send Money Abroad?

At World Property Network, many of our customers have a need for currency exchange.

We are pleased to have partnered with Key Currency to offer our customers favourable exchange rates on international currency transfers.

Key Currency is an award-winning currency exchange specialist, Key Currency Limited is authorised and regulated by the Financial Conduct Authority as an Authorised Payment Institution (Financial Services Register No. 753989) and experienced in executing high-volume transactions.

As a World Property Network client, you qualify for preferential exchange rates when you transact through Key Currency.

Save money on your foreign currency transfers

Key Currency can save you money by offering you competitive rates.

All client funds are held in segregated accounts with top-tier banks keeping your money safe and secure.

World Property Network are there to help you find the best selection of French property for sale and Key Currency are there to save you time, money and hassle; making sure your money is in the right place, at the right time and keeping you informed along the way.

The best service is one that comes highly recommended, that is why you should use the services of Key Currency.

Benefits of using Key Currency:

  1. Great exchange rates
  2. Quick and easy transfers
  3. No transfer fees
  4. Expert help and guidance
  5. Authorised by the FCA

Key Currency Award

Alternatively, you can contact Key Currency over the phone or visit their website.

0044 (0) 1872 487 500

Quote 'World Property Network' for the best rate

www.keycurrency.co.uk

UK Office: St. Piran House, Truro Technology Park, Truro TR1 2XN

For your dream home and everything that goes with it visit www.world-property-network.com