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Where next for GBP/ EUR exchange rates? (Dayle Littlejohn)
The pound has made gains against the euro of late because of Dovish comments from Mario Draghi (President of the European Central Bank). It appears that Q.E. is going to run past the deadline of September 2016 and the actual amount increased as early as December.
Poor UK GDP figures yesterday stumbled the momentum of the pound and the euro made back some of the losses.
The next data release to look out for is German Unemployment rate and UK Consumer Credit tomorrow morning.
I strongly recommend that anyone with Euros to buy before the end of the year should contact me on 01494 787 478 and ask the reception for Dayle Littlejohn. Together over the phone we will discuss and devise a strategy for your transfer and maximise your Euro return.
Even if your requirements are not until later in the year, these rates can be fixed to avoid missing out on any further corrections. We have been close to these highs before 3 times in the past two months, and rates continually get beaten back, mainly due to poor UK economic data.
If you have an upcoming currency transfer and I have not covered your currency pair that you are looking to trade (GBP/EUR, EUR/USD, EUR/AUD). Feel free to email me with the currency pair and your individual requirement (buying a property abroad, paying a company invoice) and I will personally respond to you with a forecast and the buying process. [email protected] Dayle Littlejohn
Source: http://www.eurorateforecast.com/2015/10/28/where-next-for-gbp-eur-exchange-rates-dayle-littlejohn/
