Germany actually recorded aeconomic growth of 0.3% over the past quarter and are the first major European economy to have official figures to prove this.
This does not look great for those of you with upcoming Euro purchases, however there are plenty more economies in the Eurozone that are in a far poorer state, which may bring quite a conundrum for the European Central Bank as to what to do with their economic decisions.
Although the economic growth in Germany may be seen as good news for the Eurozone then the headache it brings may affect the Euro strengthening too much on the markets.
Sterling gained ground against the Dollar today despite positive news from accross the pond. One would expect the Dollar togain ground following this but yet again the markets decided to surprise us which could be down to a number of factors.
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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