Personal Money Transfers

Personal and Private Money Transfers payments over £5000.

Business Money Transfers

Make currency exchange payments for your business. Better rates than a bank.

Banking Exchange Rates

High St Banks or Currency Brokers? Cheapest way to send money overseas.

Cheapest Way to Transfer

Cheapest Way to Transfer Funds Internationally secure and safe transfers

are we seeing the possibility of a nuclear exchange

Published on 14 August 2017 in News - Pages by Raffick Marday

Three things worked in the dollar's favour, helping it to strengthen by a cent against the euro and by a cent and a half against sterling. The first two were employment-related US statistics. Friday's figure for the monthly change in nonfarm payrolls showed 29k more people in work than analysts had predicted and Tuesday's "JOLTS" barometer of job openings showed a jump in the number of vacancies. Although neither statistic was massive, they were good enough to encourage investors to reduce their short positions.

possibility of a nuclear exchange

The third factor was the escalating war of inflammatory words between the unpredictable leaders of North Korea and the United States. With the possibility of a nuclear exchange growing less inconceivable by the day investors were inclined to seek the safety of safe-haven currencies. The Swiss franc and the yen top that list but it also includes the euro and, ironically, the US dollar.

To find out how these currency movements can affect your transfers please contact moneycorp on +44(0)20 7589 3000 quoting ‘Bank Exchange Rates'. Alternatively start making transfers today by clicking here to open a free no obligation account.

Recent Posts


Leave a comment

Bank Currency Calculator

GBP Flag

1 = 1.17730

Euro Flag

1 = 1.17730

Change Currencies View Providers

© 2018All Rights Reserved: Banking Exchange Rates. Address: 83 Ducie Street, Manchester M1 2JQ. +44 (0) 844 357 4755 - Email Us