Sterling Euro exchange rates have fallen marginally today following the UK inflation data which although came in as expected it still fell form the previous month. At 1.5% it means less pressure on the Bank of England to look at raising interest rates in the near future.
Anyone holding Sterling should be cautious over this week’s Scottish referendum which has already panicked the currency markets on a number of occasions with the release of a few opinion polls over the last fortnight. Thursday is judgment day but whether we’ll hear the outcome on the day is doubtful.
If you’re concerned about what to do and want to speak with an expert about save money on exchange rates compared to using your bank then contact me directly for a free quote. Tom Holian [email protected]