As predicted in an article I wrote yesterday please click here to view, the Pound has made over 1% gains against the Euro so far today. Mario Draghi’s press conference just shows the European Union is still under severe pressure and the recent drop in GBPEUR is in fact sterling weakness not Euro strength.
UK Inflation figures are due tomorrow morning and David Cameron’s meeting with EU leaders in regards to remaining within the European Union is Thursday and Friday. Both data releases I expect will weigh down on the pound.
If you have an upcoming currency transfer to make this week, month or year I would recommend emailing me with your individual requirement (buying a property abroad, paying a company invoice) and I will personally respond to you with a strategy and the process of using our company. If I have not covered the currency pair your are looking to trade, feel free to email me and I will respond with my forecast for that pair.
Quite simply we can give you economic information to help you time your transfer and can also offer you a better exchange rate than what you would receive with your bank and other brokerages. This can be anywhere between 1-5%. My direct email is [email protected] Dayle Littlejohn. Alternatively call me on 0044 1494 787 478 and ask to be put through to Dayle Littlejohn.