Sterling exchange rates flat ahead of speech from Carney (Daniel Wright)

Pound to Euro Exchange Rate with UK Election Heating Up

The Pound has started the day of looking fairly flat ahead of both a financial stability report for the U.K and a speech from Mark Carney (Governor of the bank of England) where he is expected to comment on the problem of the house price bubble.

Carney was fairly well known in Canada for taking action on house prices by putting limits in place for mortgages so should he move to do something similar over here then we may see the Pound drop off a little as it could slow the so economy a little which has been absolutely flying this year.

Both the financial stability report and the speech are at 10:30am so this is a good time to keep a very close eye on the market as we may see some volatility.

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.