The Euro has made considerable gains against the Pound throughout today’s trading period and GBPEUR exchange rate has dropped 3 cents.
Mario Draghi’s bullish comments in his press conference at 1.30pm, stated the Q.E program has been a success.
Many speculators were under the impression the European Central Bank would increase the amount of Q.E. being injected into the Eurozone however this not materialize.
I expect the Pound will continue to slide against the Euro throughout tomorrows trading period.
If you have an upcoming currency transfer and I have not covered the currency pair that you are looking to trade (EUR/USD, EUR/AUD, etc). Feel free to email me with the currency pair and your individual requirement (buying a property abroad, paying a company invoice) and I will personally respond to you with a forecast and the buying process. [email protected] Dayle Littlejohn. Alternatively call 0044 1494 787 478 and ask the reception team to be put through to Dayle Littlejohn.
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