SATFX Review of 2020
With plans for 2021 being made, I wanted to take a moment to thank you, our customers and partners, for supporting us over the past year. Like many companies, we had challenges to overcome throughout 2020 so on behalf of the whole team at SATFX,...
SATFX is changing Bank
NEW: Bank Account Changes at SATFX At SATFX we build close working relationships with all our customers and pride ourselves on regular communication with you. We continue to prioritise providing value for money when it comes to your currency transfers and onward payments. With this in mind,...
A turbulent seesaw…currencies up, down, down, up – Market Update 29th April
The turbulence in the market continues with the rates very much on a seesaw at present. GBP has recovered somewhat against the majors following the lows of the last few weeks, but against the Aussie and Kiwi it has really struggled falling from the giddy heights...
Uncertainty still ruling in the currency markets – 14th April 2020
Welcome back after the Easter break. GBP performed well last week and that theme has continued this morning, seeing it move higher against both the Euro and the US Dollar. It has lost a little ground versus the AUD and NZD however, so if you...
Sterling continues it’s steady recovery – 1st April 2020 Market Update
Sterling continues it's recovery making positive steps against the majors so far this week. The lock-down continues in the UK as people slowly adjust to new working conditions. Businesses are reporting up to a 70% drop in activity which presents potentially damaging long term effects...
Currency Market Update – 27th March 2020
If you are anything like me, you are probably still reeling from the effects that Covid-19 is having on the world. It is naturally the only thing people are talking about at the moment. Sport, usually so important to so many, has taken a back...
Covid-19: Business Continuity
Over the last week or so, the team at SATFX along with the rest of the country have been listening to and following Government advice on Covid-19. We are undoubtedly entering a strange and unfamiliar period for the country and the rest of the world,...
11th Decemeber 2020: General Election – Things to Consider
- Boris Johnson wins with a comfortable majority; the most widely anticipated outcome at present according to the polls, and a result that would likely see GBP strength. However, it could be said that some of the movement is already "priced into" the market, meaning...