Moneycorp services…

When making international money transfers for your overseas property Moneycorp can save you thousands of pounds. While high street banks are often the first port of call for most international property payments, foreign exchange specialists like Moneycorp can offer homebuyers superior rates of exchange, in addition to a more comprehensive range of services that will help protect you from adverse currency movements.

Making transfers with Moneycorp is faster, more convenient and more cost effective. Whether you’re making regular transfers, or simply need to make a one-off payment, they don’t charge commission and offer free information and guidance on the currency markets, helping you decide on the best time to buy.
So, for expert guidance and the best rates available contact Moneycorp on +44 (0)20 7589 3000 or visit the Moneycorp currency zone.

2009 Round up…

Sterling spent the first half of last year clawing its way back from a quarter-century low against the US dollar and all-time lows against the yen and the euro. Having got its ducks back into some semblance of order the market decided to take the rest of the year off, or so it seemed. Between June and January the commodity dollars (Australian, Canadian and New Zealand) continued their advance, driven by expectations of global recovery, while the ‘major’ currencies (US dollar, euro and pound) remained relatively stable.

Moving into 2010…

For UK-based investors the question this year is whether a change of government will bring a change of heart for the pound. Although Britain is by no means the only country where public sector borrowing has ballooned as a result of the crisis, the market saw sterling as the softest target. In January there were signs of a change to that attitude after much bigger problems in Greece began to undermine confidence in the euro.