by Christopher Nye | Aug 4, 2020 | Coronavirus, Currency 101
Sterling had a relatively strong month in July, particularly against the dollar, which suffered due to rising infection rates and the re-closure of businesses in the US. Despite this, it’s impossible to predict where the pound will move in the coming days, weeks and...
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by Christopher Nye | Jul 22, 2020 | Currency 101
The progress of Brexit talks and worries over the UK’s economy have been major factors in determining the pound’s movements recently. With the UK and EU keeping cards close to their chests so far, there’s uncertainty over how negotiations will play out over the next...
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by Christopher Nye | Jul 15, 2020 | Currency 101
If you read our articles and receive our emails regularly, you’ll know that we often talk about how forward contracts are an excellent way to protect your money from the risks of currency fluctuations. You may, therefore, be wondering how to use a forward contract and...
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by Christopher Nye | Jul 2, 2020 | Currency 101
Here at Smart Currency Exchange, we talk a lot about protecting your money when you decide to buy a property abroad. However, once you’re settled in your new home and enjoying life in the sunshine, there’s likely to be a constant flow of money between countries. It’s...
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by Christopher Nye | Jun 17, 2020 | Brexit, Coronavirus, Currency Updates
At Smart Currency Exchange, we’re often asked the same question, will the pound go up or down? The short answer is that even as traders who eat, drink and sleep currency and the fate of the pound, we have very little idea. No-one does. The movements of GBP/EUR...
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