Quiet Day for the Pound (Tom Holian)

Pound to Dollar Rate Drops to One-month Low

Sterling Euro exchange rates have remained at 1.26 during today’s trading session with a distinct lack of data out today.

Public Sector Net Borrowing is due out at 930am tomorrow morning which could see a bit more movement for the currency pair.

One of the reasons for Sterling improving at the end of last week was down to the increased worries about Eurozone inflation which is running extremely low at 0.3%.

If you have a currency transfer to make and want to save money on exchange rates compared to using your bank then contact me directly for a free quote Tom Holian [email protected]