Email of the day on currency exchange sites:
Comment of the Day

February 06 2020

Commentary by Eoin Treacy

Email of the day on currency exchange sites:

Can you please add Trade Desk, TTD NAS, to the Chart Library? Any ideas on good economical services to use for transferring money (from AUD to GBP & the reverse)? (I suspect some sectors of the UK post Brexit economy to do well. Also, I've a son studying in Cambridge.)

Eoin Treacy's view

- Congratulations on your son at Cambridge. Our family have spent the last few months applying and interviewing at high schools for my eldest daughter. The range of offerings and the difference in ethos between the schools is dizzying. It has occupied more time that I bargained for but thankfully we had our last interview today.

Our family’s income comes from both British Pound and US Dollar sources. Managing exchange rates is therefore something we are more than familiar with. One of the primary reasons Mrs. Treacy set up her online business was so she could recycle Pounds into inventory and sell it for Dollars which was a handy way to earn a return on devalued Pounds following the Brexit referendum.

The service I use to transfer money is It is a peer to peer matching service and has the tightest spreads for the quantities I deal in, I have been able to find. 

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