The Pound rallied against the Euro and a basket of major currencies in early morning trading and at the time of writing this Sterling/Euro was at a four month high - A welcome change in luck for those with upcoming property purchases.
European Central Bank President Jean-Claude Trichet said on Friday Greece had much work ahead to resolve its fiscal issues, after highlighting the fiscal challenges to a number of euro zone countries at a news conference the previous day.
This may well limit upside movement for the Euro in the short term so could create some excellent buying opportunities over the coming weeks, that paired with the huge drop in property prices overseas all means investors and people due to emigrate win both ways at present.
This is a brief summary of todays report for further information feel free to Email Me - Or click on the banner below to see today's full market report Click here to read the full report on our main website
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Daniel Wright
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