Pound to Euro hits 32-month highs

There’s been some big market moves since the US election…

GBP to EUR in particular has been very strong, touching 32-month highs only yesterday.

However, GBP to USD has headed the other way.

It’s now sitting right near 3-month lows.

Post-election, the Pound has also traded modestly down against the Aussie, Kiwi and Canadian Dollars.

As you’ve no doubt seen on the news, there is the potential for some significant changes ahead in US economic, trade and foreign policy.

While Donald Trump won’t be sworn in until Jan 20th next year, policy announcements are coming thick and fast.

The bottom line is we think there will be plenty of volatility ahead, so it’s not a time for complacency.

If you have currency requirements, please get in touch so we can discuss your plans.

Get ahead of the game and read our Guide to Foreign Currency Exchange.

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For any concerns or discussions on your upcoming currency requirements, make sure to reach out to us.

To speak to a member of our team, call us on 01872 487 500.

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