Currency Exchange and the benefits of using a specialist provider

Relying on a bank to transfer currency is an expensive option. Currency transfer specialists provide competitive terms, secure, swift transactions and a range of other benefits including regular payments, forward contracts and rate tracking alerts.

At The Spectrum IFA Group we work with Smart Currency Exchange to deliver the best possible rates, service and support for our clients.

Whilst nobody can predict exchange rate direction, the relative strength (or weakness) of the euro is relevant for most of us. I attached a weblink to Smart’s 2021 quarterly currencies forecast.

Smart Currency Exchange
Quarterly Forecast 2021

A historic Presidential election, Brexit deal and global pandemic sent currencies in directions that no one could have predicted in 2020.

Does that mean matters will settle down in 2021? We wouldn’t suggest you bet your transfers, your property budget and your future plans on that!

Fresh uncertainties for the year ahead bring new challenges for economies – and currencies – too. So, predicting the pound’s movements accurately can be a near-impossible task – even for the major banks.

I invite you to read this quarter’s currency forecasts, but with a strong suggestion that you do not base any decisions on them. Predictions for GBP/EUR range between 1.06 and 1.28 over the next 12 months!

What’s in your Quarterly Forecast?

Post-Brexit special – what happens now?
Looking to buy a property overseas this year? What do you need to consider in a post-Brexit world? Our resources section can help.

New and improved tables and charts
How are economies coping in the midst of the pandemic? Our new charts and tables offer a deeper insight.

Expert analysis sections
Smart’s Senior Risk Management Analyst offers his insight and opinion – do you agree with him?

Your next move?
In this climate of uncertainty, how should you plan for the future?

For any further information on currency exchange, please contact your local adviser or please send an email to: info@spectrum-ifa.com