Spanish banks change GBPEUR – where will it go?

*****Breaking News*****

The EURO took another dive this afternoon back towards a 4 year low against sterling as news from Spain broke. Trading shared in the Spanish 4th largest bank, Bankia, where suspended in Madrid. This is the bank that got a supposed “bailout” from the Spanish of €15,000,000,000 only 2 weeks ago. I raise huge concerns about the future of the banking system in Spain, if a bank with that much investment in from the people that are planning improving matters fails, where will it stop.

If you have Euros and are worried about the future value of your funds, like many are, feel free to contact us on (+44)  1494 787 478.  We can lock in exchanges within hours to safeguard your funds against any further losses over the next few weeks. Or simply over the European Crises meeting taking place this weekend.