Bank of England MPC Meeting (Daniel Johnson)

GBP EUR Exchange Rate: Weekly Review July 16  

The Monetary Policy Committee convened today to reveal how they voted with regards to a rate hike. The vote came in at 9-0 against. As last month two members of the committee were finely balance on whether to hold or raise rates.

Below par inflation rate figures released this week were not a reason for concern as they expect a notable pick up towards the end of 2015. GBP/EUR currently sits at 1.39 and with a expected imminently it maybe time to get your skates on if you are a Euro buyer.

Thank you for reading today’s Blog, I would greatly appreciate any feedback you have and would take pleasure in replying personally. I am more than than happy to assist you with any of your currency requirements. Feel free to e-mail me at [email protected] or call on 01494 787 478 and ask for Daniel Johnson.