Pound hits 2-month high against Euro

Longer-term though, the Pound’s prospects reflect the UK’s shaky economic outlook.

As a result, now could be a good opportunity for Euro buyers.

The US Dollar is at a near 20-year high against the Euro as the US economy looks in better shape than elsewhere.

Europe’s biggest economy, Germany, recorded its first trade deficit in 30 years.

The Germans running a trade deficit is unheard of.

Very unusual times indeed.

It seems the longer the war in Ukraine rumbles on, the worse things look for the Euro.

Uncertainty in the UK and Europe means currency market volatility is likely to continue.

If you have a currency transfer in mind, you could save money by discussing it with your account manager.

Get a free exchange rate quote below or give us a call on 01872 487 500.

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