ECB interest rates and Brexit update

Sterling has better end to a poor week (Mike Vaughan)

Stronger than expected GDP estimates and weaker industrial production figures from Germany has lent support to the Euro today to end what has been a poor weak for the pound. Since reaching a one year high of 1.2270 levels fell back into the 1.19s yesterday but have recovered back to 1.2065 at the days high. For me I believe this weeks trend has just been a slight correction a I would expect sterling to push back towards 1.22 in the next few weeks. For...

Reasons for GBPEUR movement

Buying euros is frankly becoming more expensive and this trend is widely expected to continue going forward. You really need to have a strong argument to wait at the moment and any positive movement should be seen as opportunity rather than a change in trend. If you want to register for such a movement please do so by emailing [email protected] with your situation and contact details to be informed. Reasons why GBPEUR rates are falling: Terror attack has impacted stocks of holiday and travel companies – most...