Today Sterling has lost ground against the Dollar following the U.S non farm payroll data coming out slightly better than expected, this has also helped the Euro gain value as the two currencies do tend to see-saw off of each others data releases.
Next week sees some key data released with the Bank of England and European Central Bank releasing their interest rate decisions. An interest rate rise generally has a positive effect on the currency concerned, and a cut generally negative one.
This is a brief summary of todays report. Click here to read the full report on our main website
If you are buying a property abroad, and want the best exchange rates, just click on the links below to go straight to our main site, or Email Me
Have a great day and thanks for reading!
Daniel Wright
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