At the point of writing this post however things have majorly turned around with the markets seeing major Euro weakness due to no agreement being released regarding Greece although announcements have been made that something is in place.
Sterling gained nearly a cent over the Dollar in afternoon as it pulled away from the year low figures seen on Monday.
It is showing resistance levels at 1.57 however who knows where things may go over the course of this evening and tommorow.
With the delayed retail sales for the U.S due out in the afternoon tommorow and absolutely dire weather conditions in parts of America the charge for the Dollar may well be halted and reversed sooner than thought, stay in close contact tommorow if you have any upcoming currency transfers as in this volatile market either great buying levels can arise or lots of money can be lost within minutes!
This is a brief summary of todays report for further information on the currency markets or if you have an upcoming transfer to make and want to discuss the options available to you call Daniel Wright on 01494 787462 or email me djw@currencies.co.uk
I assist thousands of clients to send money overseas or receive money from overseas involving the following currencies - Please note I do not deal with cash it is bank to bank only!! AED AUD BHD CAD CHF CZK DKK EUR GBP HKD HUF INR ILS JPY KES KWD MAD MUR MXN NOK NZD OMR PLN SAR SEK SGD THB TRY USD ZAR
Have a great day and thanks for reading!
Daniel Wright
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[09:07:23] Chris Knights:
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