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News has already been filtering through that the ECB may be increasing the amount of funds they are pumping into the Eurozone through their QE program, they also could be increasing the amount of time it will be implemented. Thursday will see the ECB interest rate decision and The ECB Monetary Policy Statement. This could well give us an insight into the the plans for QE in the Eurozone. This could well cause a big swing in GBP/EUR so keep you eyes on the announcement at 12.30pm.
I do have several large GBP-EUR trades going through in the coming days that potentially I could tag new clients on to and achieve a very competitive rate. Please do get in touch if this is something of interest. I will guarantee to beat any bank or brokerage’s exchange rates.
I am currently offering a free rate alert service, just drop a line or e-mail with your currency requirements including your time scale and the levels you are hoping to obtain and I will notify you of any significant movement.
Thank you for reading today’s Blog, I would greatly appreciate any feedback you have and would take pleasure in replying personally. I am more than than happy to assist you with any of your currency requirements. Feel free to e-mail me on [email protected] or call on 01494 787 478 and ask for Daniel Johnson.