Euro exchange rates at 2 month high against the pound (Mike Vaughan)

GBP EUR Exchange Rate: Weekly Review December 4th  

The Euro again has made inroads against the pound this week shifting at its low point to 1.1650 yesterday. Today we have very little data from the UK but watch out for unemployment figures from Germany and Euro zone business confidence figures at 08:55 and 10:00 respectively. Unemployment figures from Germany are expected to remain at 6.9% but business confidence is expected to show a slight improvement which could lend further support to the Euro.

Should you have an upcoming bank to bank exchange to arrange and you would like to discuss my opinions and get a full overview of the currency service we provide, including the contract types we can offer both private and corporate clients, then please contact the office on 01494 787478 or email Mike at [email protected]