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Foreign Currency Exchange
Exchanging currency for property owners, private and commercial business.
Get better currency exchange rates with EMYC, if you want to save money on your currency exchange talk to us, we can get you a better rate than high street banks, the currency market is changing, why not change with it?
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 A stress free Personal Service, Free account opening with no obligation, Same day transfers, Guaranteed commercial rates of exchange for now and up to 2 years into the future, Dedicated Account Managers, Highly focused brokerage, Secure competitive currency rates for overseas, Fully compliant with Customs and Excise, No automated call answering!, Competitive commercial rates of exchange, Free currency quotes!
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Currency Exchange Rates & Services
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Welcome to Exchange My Currency the website that makes it easy to exchange your foreign currency. Get better foreign currency exchange rates than the banks can offer, click for a currency exchange quote and save money now and get an account manager to contact you.
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Thursday, 10 June 2010 |
Last week was one of relative strength for Sterling as it rallied against the Euro from levels of 1.15 on Monday the 24th of May up to highs of 1.1872, last seen in June 2009 on Thursday afternoon. Sterling’s strength did not come from its own strong economic fundamentals however, but more the dire straits that the euro zone finds itself in and a report from The Organization for Economic Cooperation and Development (OECD) which said that “due to the continuance of higher inflationary pressures within the UK the raising of Interest rates by the MPC towards the end of the year were inevitable.” These two factors combined sent investors flooding back to the pound and soaring against its beleaguered neighbour.
Sterling’s Climb was however halted abruptly on Thursday, after news that UK consumer confidence fell for the third consecutive month in May, reflecting uncertainty ahead of the election result and the prospect of fiscal tightening once a new government was in power. This bad news was also coupled with a release from The State Administration for Foreign Exchange (SAFE) China's foreign exchange regulator who deploys the nation's excess reserves.
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