Consumer confidence the main interest for the Euro in the morning (Daniel Wright)

GBP/EUR exchange rates creep up over the course of the trading week

A fairly quiet and range bound start to the week for Euro exchange rates against most major currencies however tomorrow morning and indeed Thursday may be where we start to see a little movement.

We have a few GDP (Gross Domestic Product) estimations for Spain first thing, followed up by European Consumer Confidence data out at 10:00am. This will be a measure of the level of confidence in economic activity generally, and a high reading can lead to a boost in strength for the Euro and a lower reading could push it even lower against most major currencies.

With European inflation due out on Thursday too, this could be a key few days for the Euro once again.

If you have a currency transfer coming up, involving either the Pound or the Euro then it may be sensible to get in touch with me directly. You can email me on

[email protected] with a brief description of what you are looking to do and a contact number and I will be more than happy to get in contact with you personally.