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Bringing You The Best Value Currency Deals

Raising the Standard in Foreign Currency Exchange & International Money Transfers

Office hours : Monday to Friday - 8am till 6pm

Minimising currency risk whilst maximising opportunity

Mission Statement

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MSP Foreign Exchange Services was born

out of one man's disappointment and
frustration at the lack of informed opinion
and honest professional advice offered
by many of the commercial FX providers
and high street banks.

MSP Foreign Exchange Services is different,
and exists to provide a bespoke advisory
facility and execution platform in physical
FX delivery for the Corporate and Private
sectors from someone who has actually
been there, seen it, done it and is still doing it!

Our clients benefit from improved foreign currency exchange rates but also receive the best independent advice from a highly successful former interbank FX trader to execute deals at the optimum moment, given your time frame and prevailing market conditions.

MSP Foreign Exchange Services offers complete security of funds by executing trades only through preferred FSA and HMRC regulated providers.

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When you need to transfer money overseas or bring money home MSP will save you time and money.

MSP provides a tailored service to help your business make international payments and mange foreign exchange risk

Buying or Selling overseas property?


MSP prides itself on working with corporate clients to help maximise FX opportunity whilst minimizing risk. We are acutely aware that executing currency deals is not your main core business but to deal more effectively will make a huge difference to your bottom line. 

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Whatever your reason, MSP FX guarantee to beat the banks and make sure your money arrives quickly and safely.

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We help a wide range of clients every year with their foreign exchange and international payment requirements.



''Mike provides a hands-on quality service both to me and my clients and has always produced research which is very accurate which ultimately leads to enhanced foreign exchange on our respective capital. His value proposition is further delivered by an excellent back office infrastructure which can expedite deals quickly and efficiently, which is of great importance in this market. I had looked to find this type of service for many years and feel more than confident with reference to introducing more clients to Mike and his team"

Barry Fromson MD- PFP Strategic Planning

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Informed market commentary from FX analyst Mike Paterson

The MSP Update

Friday 25 May 2018 More of the same as markets remain cautious

Foreign Exchange Services

With ongoing global uncertainty markets are still looking for safe havens and FX price movements remain fragile albeit in contained ranges behind all the noise. GBPUSD has been up to the 1.3420 sell interest I highlighted yesterday before the better UK retail sales data but once again sellers, including me, enjoyed the rally and we've been back to 1.3335. Immediate support/buying now around 1.3330 then 1.3300 as before. Sell interest into 1.3380-3400 then 1.3420 again. Keep selling those rallies. EURGBP has found support around 0.8750 again (GBPEUR sellers 1.1425) but remains in a tight range. Buyers poised around 0.8750 still then 0.8735. Sellers into 0.8800 then between 0.8830-50 still. Overall the Pound remains on the back foot. EURUSD has fallen further to now test 1.1680 again having taken out the barrier option contract support at 1.1700. Buyers into 1.1680 then 1.1650. Sellers poised around 1.1750 and 1.1785 with large sell interest 1.1800-30 again. USDJPY has been down to look at the 109.30 support area again on safe-haven Yen demand with US/N.Korea peace talks in doubt again. USDJPY support still around 109.20-30 then 109.00 and 108.80.Sellers 109.80-00. USDCHF remains on the back foot with EURCHF finding rally sellers still. The Aussie and NZ$ have both found some dip demand again but sellers remain poised. AUDUSD has large option contract interest at 0.7500 helping to support the pair.The Canadian $ suffered a few losses as oil fell again. Buyers now around 1.2875-80 then 1.2850. Immediate resistance at 1.2930

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With over 38 years experience in the industry Mike’s knowledge and market intelligence converts into the best advice for his clients.

The MSP Update is essential for both personal and business clients alike who want to be kept informed on a daily basis. If you would like to discuss your requirements then give us a call now with no obligation on you to trade.

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MSP Foreign Exchange Services Limited 2 Blackmoor, Roodlands Lane , Four Elms TN8 6PG UK Company Number 8708683  MSP Foreign Exchange Services only uses companies regulated by the Financial Services Authority under the Payment Services Regulations 2009, and authorised by HMRC for the provision of payment services.

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