The focus of currency markets remains firmly on the economic recovery.
Some countries (and currencies) are doing better than others.
The UK remains in a stronger position than most right now. With the majority of the adult population vaccinated, it’s full steam ahead (fingers crossed).
Sterling continues to trend upwards against the Euro.
The GBP/EUR rate is sitting at 3-month highs. Recent news would suggest this is more a case of Euro weakness than Sterling strength.
Against the US Dollar, the trend is less pronounced. The US Dollar has been making a bit of a comeback against most of the other major currencies. Overall, GBP/USD looks to be weakening.
Of course, these are far from normal times. There is plenty that could change in the weeks ahead.
Get ahead of the game.
For those with currency requirements, it’s best to have a plan so you can make the most of opportunities as they arise.
Our team can guide you on up-to-the-minute market trends and the best rates available.
To speak to a currency expert, call 01872 487 500.
Or click below to find out our latest rates.
Thanks For Reading, What Next?
Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.
Wednesday 14th July 2021 at 10:00
£1.00 GBP = 1.1750 EURO
£1.00 GBP = 1.3846 USD
£1.00 GBP = 1.8610 AUD
£1.00 GBP = 1.9767 NZD
£1.00 GBP = 1.7328 CAD
£1.00 GBP = 20.4149 ZAR
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