Market advice and news from our founder,
Pound nears 14-month highs against USD as rate hike looms.
David Huggett runs through the latest movements and looks at the likely impact of another tumultuous week on the mon6ey markets.
It's not all about the rate of exchange.
David Huggett underlines the importance of foreign exchange (FX) market trends, hedging, and compliance in managing international real estate investments, especially in prime markets like Central London.
Timing is everything, but the message is still the same.
The real estate market's stalemate can be resolved through a process of price discovery, similar to that in financial markets, as conditions improve and buyers become braver and sellers less greedy.
Sterling showing clear signs of recovery, but still a way to go.
The UK Services PMI of 53.3 boosted Sterling, but market prices are affected by interest rate decisions and inflationary pressures, which are influenced by monetary policy makers.
That is the beauty of working with us - you'll be able to consider yourself a foreign exchange expert once you've worked with us.
Currency exchange involves buying and selling one currency for another at a specific rate - the same way that you buy anything else. Of course the rates fluctuate based on interest rates, inflation, world events, and even market sentiment.
If you don't already work in the industry, it can be confusing. That's why our number one aim is to demystify it for you, so you are never wondering about when or how to move your money - so you can proceed with your transaction without feeling stressed or rushed at any point.
Working with us is vastly different to working with a bank.
We don't have chatbots, call centre options or email automation systems.
We don't have financial targets as we measure ourselves purely on client satisfaction and our 5* Trustpilot reviews.
And all that while getting your money transferred faster and at a better rate.
We take security extremely seriously. If we haven't hammered home the point enough, transferring your money securely and safely is our number one priority - not marginal rate differentiators.
All client funds are held separately to our company funds and placed in safeguarded accounts held with UK and EU banks. In the extremely unlikely event that we or one of our counterparties were to become insolvent, the funds held would form an asset pool where clients would be paid above our creditors.
The bank(s) or authorised credit institutions have no rights over funds in safeguarded accounts. Counterparties have no rights over our clients’ accounts, other than where specified in the Terms and Conditions.
We offer the works: spots, forwards, market orders, limit orders, and stop-loss orders.
But what's important to us isn't the technicalities of what we offer - it's that you come away feeling informed, confident and happy.
We prioritise the security and confidentiality of client funds and transactions via our trusted panel of counterparties who are categorised as Electronic Money Institutions (EMI).
All funds held on a client's behalf are subject to safeguarding - they are always protected and can be issued back should any of our counterparties go into administration or liquidation.
Unlike holding money in a standard bank account, all clients’ funds are protected, regardless of the value.