The Pound faces a tough week ahead now with the election geting ever closer and things really hotting up.
Investors are clearly due to be wary regarding this factor and speculators may well start to gamble heavily on the outcome over the course of next week. This may lead to some extremely volatile markets and in turn some fantastic buying and selling opportunities for those with transactions to carry out.
Should you wish to be kept informed of any movements in your favour or against you then do feel free to get in touch by either emailing me directly on [email protected] or filling in the enquiry form on the right hand side of this page.
The situation in Greece is also a major player at present… Although people may think it will only affect the strength of the Euro it could also have a knock on effect on the Pound as investor confidence slips away.
Once a package is in place for Greece one would imagine that you may see minor gains for the Euro as confidence rises slightly again over there.
If you are buying a property abroad, have business transactions to carry out or need to get money overseas for any other reason and want the best exchange rates, just fill in the contact form and I will be in touch with you shortly.