Happy New Year and Happy New High!
They say greed and fear drive markets, but hope can be a powerful force too.
Right now the Pound is riding high at 22-month highs against the Euro despite the large number of new Covid cases.
It seems investors are hopeful the UK government will resist calls for further restrictions and thereby keep the economic recovery on track.
In Europe, governments face a similar dilemma. But the policy response of each EU country is less clear.
Both the Pound and the Euro will stay sensitive to coronavirus reports, and the announcements of leaders and health officials.
We’re not out of the woods yet.
We expect exchange rates to remain volatile.
If you would like to discuss your currency transfer requirements, you can speak to a member of our team on 01872 487 500.
Or to find out our latest exchange rates, please click below.
Thanks For Reading, What Next?
Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.
Current rates:
Tuesday 4th January 2022 at 10:45
£1.00 GBP = 1.1950 EURO
£1.00 GBP = 1.3505 USD
£1.00 GBP = 1.8719 AUD
£1.00 GBP = 1.9884 NZD
£1.00 GBP = 1.7208 CAD
£1.00 GBP = 21.5842 ZAR
How to Save Money on your foreign currency transfers