Will Sterling continue to rally over the Euro? (Daniel Johnson)

President Obama made his stance clear on a “Brexit” over the last few days. Those campaigners in favour of the leave camp have argued that if we were to leave new trade deals would be easy to negotiate. Obama halted this argument in its tracks stating that Britain would be at “the back of the queue” if it sought to agree an new trade deal with the US. GBP/EUR was very close to hitting 1.29 during yesterday’s trading session.

Current polls now show the remain camp in the lead at 47%, the leave camp at 44% and the remainder undecided. Keep in mind however, leave campaigners have just been granted £7m so we could see a swing back in Euro favour. UK GDP figures are due out tomorrow and I expect to see a decline which will weaken the Pound. So short term Euro buyers may wish to move before this event.

If you have a currency requirement I would be happy to assist. I am in a position to beat Bank ‘s exchange rates by as much as 5%. I am also rarely beaten by other brokerages. If you would like to get in touch for a free individual trading strategy and quote please get in touch by e-mailing me at [email protected].

The company I work for is Foreign Currency Direct, Foreign Currency Direct is authorised by the FCA  (the Financial Conduct Authority). We are also a public limited company and our audited accounts are published online on the companies house website. We also do not deal in cash or speculation, just simply a bank to bank execution service, making us a no risk entity. Our principal bankers are Lloyds, who are a triple A rated bank and we operate only ‘client transaction account’ which means that should the company enter liquidation the clients funds cannot be touched by creditors. We also have a A1 credit score with Dunn & Bradstreet, the best possible score awarded.

We have been established for more than fifteen years and have helped over 35,000 clients.