The Pound to Euro rate has tumbled over the last few days.

Only yesterday it was barely holding above the low point for the year.

The simmering problems in the Ukraine have got investors spooked.

Note - The Pound tends to get hit harder than the Euro in times of trouble.

We also think the market expectation for four UK interest rate hikes in 2022 may be a bit too ambitious.

If this expectation doesn’t eventuate, it will be bad news for the Pound.

I guess it’s another example of things changing rapidly in these uncertain times.

Trends can be short-lived. Opportunities can be fleeting.

As always we will be keeping an eagle eye on what’s happening in currency markets.

If you would like to speak to a member of our team, call us on 01872 487 500.

Or to find out our latest rates, click below.

Thanks For Reading, What Next?

• To discuss Exchange Rates and Your Currency Options, please contact our trader today on 01872 487 500.
• Need to Trade Your Currency soon, then request a free quote and we’ll look after you from there.

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Tuesday 25th January 2022 at 09:30

£1.00 GBP = 1.1935 EURO

£1.00 GBP = 1.3481 USD

£1.00 GBP = 1.8871 AUD

£1.00 GBP = 2.0191 NZD

£1.00 GBP = 1.7047 CAD

£1.00 GBP = 20.6403 ZAR

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