By Alex Ellis

Sterling strength continued yesterday against all the major currencies; Euro and US Dollar, whilst also gaining strength when compared to the more exotic currencies. The cause of this was the release of the much anticipated Bank of England minutes, during which it was decided that Quantitative easing was not set to continue and that interest rates would remain at the same level.

No one is quite sure how long this rally for Sterling will last, thus there has never been a better time for individuals to use currency brokers and experts, who may help them save even more money when compared to their bank.

Further data to be released today that may have an effect on the currency market;

  • the US jobless claims and house price index at 13:30 (GMT)