European inflation figures are key for GBP/EUR rates today (Daniel Wright)

Pound to Euro Drops as Virus Drama Returns to London

This morning we have a flurry of key inflation figures out from Europe which will no doubt set the scene for how this currency pairing may trade throughout the course of the day.

Inflation figures for the U.K had a big impact on the value of Sterling on Tuesday, dropping the Pound in value against all major currencies which just goes to show how important this information can be.

The Euro is currently slightly down against Sterling so far this week and should we see a drop off for inflation figures for Europe the Pound may round off the week with further gains, which may be great news for those looking to buy Euros for a business transaction or overseas property.

If you are in that position then it may be prudent to get in contact with me directly as I can help you both in terms of the timing of the transaction and getting you a much better rate of exchange when you come to booking out your rate.

if you feel our service may be of use to you then feel free to email me (Daniel Wright) directly on [email protected] and i will be more than happy to help you personally.