GBP/EUR rates on verge of dipping below 1.40 (Joshua Privett)

GBP EUR Looks to Employment Figures for Support

It’s here. The moment that has seemed to be coming in and out of reach for those looking to sell Euros over the past six months. A palatable deal with Greece which has been agreed ‘in principle’ for their third and most recent bailout.

While it has seemed likely that this moment was coming, the constant set-backs and very public u-turns by the Greek delegation have made investors reluctant to move until something more concrete is in place. The fact that rates have tumbled from highs of 1.42 today suggest that investors are now confident that there are no more steps where the Greek delegation can go off on a tangent, the bailout is real, and it is happening.

Those looking to buy Euros should email me on [email protected] for a free quote on your transfer, while the interbank rates are still above 1.40. This bailout will extend for years, and it is unlikely the 8 year highs at 1.44 will be available again in the foreseeable future. Those with Euros to sell should do the same. You can also call 01494 787 478 and ask for Joshua for a free quote.