Dates for your diary 2017
Brexit, President Trump, critical European elections…, 2017 could end up as exciting on the currency front as 2016 when, if you remember that far back, your £100,000 was worth anywhere from US$149,000 to $121,000, and anywhere from €133,000 to €110,000.
And those are just the political issues. The financial world will be rocking the currencies too, with likely interest rate rises in the US, higher import costs pushing UK inflation higher and the European Central Bank deciding which way it will head on QE.
Some of that might sound a bit obscure – and we didn’t even get into “US non-farm payrolls” – but it all affects currencies. If you’re making a major purchase abroad this year it could be a roller-coaster ride, unless you lock in your currency via a forward contract.
Here are the critical dates for your diary. But don’t wait for events to happen, take control of your currency. For an informal chat to one of our traders, call today on 0808 163 0102 or +(44) 207 898 0541