Euro rebounds to 2-week high against Pound

The Euro has rallied this week after some tough times.

There is currently speculation a 0.5% interest rate increase may happen in the EU.

This would be a bigger increase than expected, showing Europe is getting more aggressive towards inflation.

The recent rise in the Euro could present a good opportunity for Euro sellers to act.

In the UK, data shows the gap between inflation and wages is increasing.

In simple terms, our living standards are falling.

It’s not good for the man on the street or for the strength of the Pound.

As the world battles inflation, uncertainty in currency markets looks set to continue.

If you have a currency transfer in mind, it could pay to talk it over with us on a no-obligation phone call.

Call 01872 487 500 to get in touch or click below to get a free quote today.

Kind regards,
David Evans
Co-Founder of Cle France.

Clé France