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Monthly Wrap

December 2017

John

Well, Christmas has come and gone, and all we’ve been left with are a few extra pounds (in weight), far fewer pounds (in money) and those final few scraps of cheese.

If you’re starting to come down with the January blues, you might be interested in our article looking at the 5 best places to move in 2018.

We’ve also explored how Brexit could impact your currency transfers in the year ahead, and how to maximise your profits if you’re planning to sell a foreign property.

Of course, you can also find out what happened to the pound, euro and US dollar in December, and discover what news is likely to impact the major currencies over the next couple of weeks.

We hope you enjoy our first edition of the Monthly Wrap for 2018, Happy New Year!

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GBP – Pound losses limited by Brexit negotiation progress

December proved to be a rather lacklustre month for the pound, which largely lost out to its commodity-correlated rivals.

EUR suffers after pessimistic ECB inflation forecasts

While the euro has entered 2018 above its December starting levels, this is only thanks to a last-minute surge.

USD – Trump passes long awaited tax bill

The US dollar found itself sliding against the majority of its peers again in December, registering slight losses against the pound and euro and falling sharply against the Australian, New Zealand and Canadian dollars.

How could Brexit impact your currency transfers in 2018?

Brexit played havoc with the currency market in 2017 as the two-year negotiation period finally got underway. The general consensus amongst analysts is that 2018 is likely to see this trend continue.

Top tips for saving money when selling property abroad

If you were thinking of selling foreign property and transferring the money back to the UK, you’ll want to get the best return possible.

Resolved to move abroad in 2018? Here are five of the best countries for expats

2018 is here, & for many the focus is on the goals they would like to achieve & the dreams they would like to realise in the coming 12 months.

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