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Monthly Currency Report – June 2023

Friday 2nd June– On Friday, the Pound experienced a decline, erasing the gains it had achieved throughout the week, without a clear reason for the movement. It is possible that Sterling had simply become overbought, leading investors to readjust their positions as the week came

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Monthly Currency Report – May 2023

Friday 26th May– The Pound received initial support due to positive market sentiment and better-than-expected UK retail sales data, resulting in a rise in the value of Sterling. However, the Pound’s gains against its safer counterparts diminished in the afternoon, as market sentiment turned negative.

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Monthly Currency Report – April 2023

Friday 28th April – Despite the lack of significant economic data, the Pound gained strength on Friday. The optimistic market sentiment and ongoing speculation of another Bank of England (BoE) interest rate hike contributed to the Pound’s rise.   Conversely, the Euro struggled at the

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Monthly Currency Report – March 2023

Friday 31st March – On Friday, the Pound received a boost after the UK’s fourth-quarter GDP surpassed expectations, expanding by 0.1% and exceeding previous estimates that the economy had stagnated. Despite this positive news, the Sterling experienced some downward pressure in the afternoon due to

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Monthly Currency Report – February 2023

Tuesday 28th February – The Pound (GBP) experienced a rally as optimism surrounding PM Rishi Sunak’s ‘Windsor Framework’ continued to grow. As investors and analysts delved into the details of the new deal, hopes for a stronger UK-EU trade relationship boosted Sterling sentiment.   The

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Monthly Currency Report – January 2023

Tuesday 31st January – The Pound struggled after the International Monetary Fund (IMF) predicted a recession in the UK this year and downgraded its economic forecasts. This was compounded by rising company insolvencies in the UK and an analysis suggesting that Brexit has cost the

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Buying A Property In France

Buying a property in France can be a rewarding and exciting experience, but it’s important to understand the process and the things to consider before making the purchase.   Introduction: First and foremost, it’s important to have a good understanding of the local real estate

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Countries where funds can be received from

We have added new countries and territories where we can receive and collect funds from.   We can now receive funds from over 180 countries worldwide giving you greater access to international clients. The list of countries where we can receive funds from: Åland Islands

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COMPANY UPDATE: Two-Factor Authentication

Due to new regulations, two-factor authentication (or 2FA) is being implemented as an extra layer of security when accessing the online platform.  This new feature will be mandatory from the 13th April 2020. What is Two-Factor Authentication? Two-factor authentication (or 2FA) is an extra layer of security

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