Sterling Has Late Rally (Colm Gilhooly)

GBP EUR Slumps After Stronger Euro Growth

With no major news for the UK today and no surprises from the Bank of England, sterling saw a late rally versus the Euro climbing back up to the 1.27 mid rate.  With lots of EU and UK data next week, including inflation and jobs figures, it will be interesting to see if the pound can push on up or whether sterling has lost its sheen.

If you need to make a currency transfer and want to get the best exchange rate, then feel free to email Colm at [email protected] and I would be more than happy to explain how our services work.