The Pound has dropped off a little against the Euro in trading today with minimal data for investors and speculators to follow.
All eyes will now be on Mark Carney’s second speech of the week and the U.k financial stability report, both of which are due to come out at 10:30am.
Carney wasn’t quite as positive yesterday as he had been in the last few speech’s but there was still nothing there that caused much of a concern so I would not expect to see any spanners thrown into the works during trading tomorrow.
We have little data left to come out this week so I would expect us to remain range bound in the 1.24-1.25 range.
If you are in this position or if you do need to transfer funds in the coming weeks and months then I will be able to help you. The company I work for not only has won many awards for our rates of exchange but also for our high level of customer service.
Please do feel free to get in touch with me (Daniel Wright) for a no obligation discussion about your requirements and i will be more than happy to contact you personally. You can email me on [email protected] with a brief description of your requirement and a contact number and I will be more than happy to get in touch.