Sterling report - House Price Balance data from RICS much better than expected gbp eur gbp usd gbp zar gbp aud gbp nzd gbp cad gbp sek and more

This morning has seen minor Sterling strength on the markets against a basket of major currencies following much better than expected house price balance data released by RICS (Royal Institute of Chartered Surveyors) overnight.

Analysts had predicted a drop of 0.2% however figures came out with a positive movement of 10.7%.

this may be slightly artificial as there is less property on the market at present therefore prices natuarally will go up due to the old rule of supply and demand so those of you with upcoming transfers may not want to take too much from these results as the U.K is still in a very poor position finacially.

This is a brief summary of todays report, should you wish to make a currency enquiry Email Me
I will ensure I get back to you as soon as possible to discuss the options available to you. Click here to read the full report on our main website

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Have a great day and thanks for reading!

Daniel Wright