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Understanding what is happening with international exchange rates is an essential part of buying or selling a property in Spain. With many international buyers it is vital to know how these movements can affect the process, let’s take a quick look at what has been happening this week in the markets The British Pound has …
Let’s find out what is happening in the currency exchange world this week and how it can affect you when you are buying or selling a house in Spain
GBP: Sterling edged higher against many counterparts in a buoyant market for risky assets last week but rallied notably against an underperforming single currency in the latter half. The move follows Eurostat revisions to earlier announced figures suggesting that Europe’s economy slipped into a technical recession in the first quarter. In fact, the Pound to …
This week’s currency exchange news 13th June 2023 Read More »
Protect yourself against currency fluctuations Are you considering buying or selling a property in Spain. If you need to move money overseas currency fluctuations will affect the price of your property. How can you manage this risk? Know your target exchange rate & be realistic Do your research on the exchange rate and decide what …
GBP: The British Pound saw a volatile week of trade and opens this morning’s session relatively flat as chaos amongst US and European banks led to readjustments of bets on further monetary tightening from all central banks. In fact, UK stock futures point to a weaker opening than other European markets as investors and traders see …
This week’s Currency news – Let’s take a quick look at what is happening in the international markets this week and how that might affect the local property market. GBP: Sterling was a middling performer among major currencies last week as recent economic data suggests that the Bank of England may become slightly less aggressive when …
There have certainly been some ups and down in the currency exchange world at the start of 2023. These fluctuations can have a big impact if you are buying or selling a property here in Spain. here we take a little more in-depth look at what is affecting the most common currencies for buyers and …
The world’s top central banks are set to wrap up 2022 with hefty rate hikes as their battle against inflation continues. With expectations for a half-point hike from the Federal Reserve at Wednesday’s meeting already baked in, investors will instead be focusing on indications of how high rates may ultimately rise. Meanwhile, the Bank of …
This week’s Currency Exchange News 12th December 2022 Read More »
This weeks currency exchange news In the coming week, investors will be looking at a spate of U.S. data, including Wednesday’s retail sales report, for more insight into whether the Federal Reserve’s aggressive rate hikes are cooling the economy. Moreover, the U.K. government is finally to announce its new budget plan and investors will be …
Let’s take a look at this week’s currency exchange news and how it could affect you buying to selling your property in Spain As global investors have repeatedly had their hopes dashed by the Federal Reserve for a pivot away from an aggressive rate hike campaign, many market participants will be keenly awaiting the …