Exchange Rates at Christmas

28 July, 2011

CurrencyIndex

Exchange Rates at Christmas can be particularly volatile, due to low volumes of trading in the market. Therefore any movements can be pronounced – which means there can be opportunities to buy.

So, if you have Euros to buy, dollars to sell, or any other currency transaction to complete in the next few weeks, it’s worth your while informing your currency broker of what you are looking for. They will be able to keep an eye on the market and, if you like, alert you to any opportunities for a bargain.

This has been one of the most volatile and unpredictable years ever for exchange rates – so don’t miss out on any potential opportunities between now and January.

Currency Index is open every working day from now to the new year.