Wednesday, 23 September 2009

Sterling strength - A refreshing change following Bank of England minutes gbp usd gbp eur gbp aud gbp jpy gbp cad gbp zar gbp thb gbp czk

This morning has seen a slightly better than expected outlook released by the Bank of England in their minutes from the previous meeting at the start of September.

It appears now that they may not be looking to extend the quantitative easing programme past £175 Billion which has led to minor Sterling strength in early morning trading as it brings a little bit of confidence back into the Pound.

This may well be shortlived however, as many national newspapers and major analysts are predicting Sterling - Euro to edge closer to parity over the coming months and no recovery until into 2010.

Should you have an upcoming purchase with Sterling into another currency or be due to be bringing funds back into the U.K it would certainly be prudent to start looking at your options sooner rather than later, do feel free to contact me on the numbers at the top of this page or email me on the link below.

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

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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