The Pound has reasserted its relative strength this week.
Against the Euro and the Dollar, GBP now sits at 2-week highs.
The removal of Covid restrictions has flipped from a negative to a positive catalyst as receding new cases have provided support for the Pound.
With a slim economic calendar this week, we expect currency markets to focus on the spread of the delta variant.
It’s worth noting that sometimes you get surprising moves during lightly traded markets.
If you have upcoming currency requirements, it’s best to have a plan in place so you’re ready to take advantage of any opportunities.
To discuss current rates and future guidance, please reach out to the Key Currency trading team on 01872 487 500.
Or to find out our latest exchange rates, click on the link below.
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Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.
Current rates:
Wednesday 28th July 2021 at 09:25
£1.00 GBP = 1.1750 EURO
£1.00 GBP = 1.3869 USD
£1.00 GBP = 1.8877 AUD
£1.00 GBP = 1.9970 NZD
£1.00 GBP = 1.7450 CAD
£1.00 GBP = 20.5387 ZAR
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