Saturday, 13 June 2009

Pound Sterling recovery continues GDP estimate brings confidence back into Sterling

Sterling yet again hit new yeah highs against the Euro yesterday as confidence grew in the so called 'risky pound'.

Throughout the course of the week the pound has gained momentum against a basket of major currencies - great news for those of you with upcoming large payments to send overseas, however a slight worry for many with property sales abroad going through whilst the rally continues.

There are ways to protect yourself against this potential fight back, for just a small deposit (which can also be taken as a Sterling equivilant) you can book out a rate for anything up to two years in advance therefore eliminating the risk that the Pound has been undervalued during the period of the global recession.

Should you wish to discuss the various options available to you feel free to contact me directly on 0800 328 5448 or email me below.

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

www.currencies.co.uk


Have a great day and thanks for reading!

Daniel Wright

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