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For over a decade Best Exchange Rates has been a trusted voice in foreign exchange in Spain and globally.
BER compares exchange rates from popular banks and currency specialists to help you avoid hidden and excessive margins and fees when you send and spend abroad.
We help our users save money by making these fees and exchange rates transparent and easier to compare. With our foreign transfer and currency exchange tools, you can quickly find the cheapest and most convenient way to convert your money.
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To offer an up-to-date and comprehensive outlook on currency trends, BestExchangeRates.com tracks and compiles data from a range of reputable FX analysts for our users tracking popular euro exchange rates. The reports and data we review covers various aspects of the foreign exchange market, such as economic indicators, geopolitical events, central bank policies, and technical analysis.
Here are some euro forecasts popular with our users in Spain:
According to recent FX analyst forecasts, the US dollar outperformed G10 currencies in February due to uncertainty around the soft landing vs recession debate. The USD index increased by 3%, and the S&P 500 fell by 3%. The biggest loser was the Australian dollar (-4.62%), and the British Pound lost the least (-2.42%) last week. However, the USD's depreciation trend may resume in March if Fed officials lighten their hawkish narrative slightly.
More analysis: Compare EUR/USD rates
According to recent FX analyst forecasts, the outlook for EUR/GBP remains relatively stable, with the exchange rate hovering just 0.5% below its 3-month average of 0.8835. The currency pair has fluctuated within a 2.7% range of 0.8733-0.8969 over the past three months. However, recent global macroeconomic events such as the unexpected strength of the US Jobs Report and elevated inflation levels are likely to impact investor risk sentiment and FX markets in March. As a result, any uncertainty surrounding these events could lead to significant fluctuations in EUR/GBP exchange rates.
More analysis: Compare EUR/GBP rates
Here are our latest updated forecasts and currency outlooks:
Sending money abroad can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers can be very expensive – often 5% to 6% worse than using a foreign exchange specialist to send money abroad or pay a foreign invoice.
Most Compared Money Transfers on BER
We show you how to save by ordering foreign cash online or compare rates on multi-currency travel cards for better currency exchange rates, convenience and security for your next trip or overseas online purchase.
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