By Alex Ellis

Sterling exchange rates have continued their promising rise during the course of the morning as Rightmove released housing price data early this morning, this data has had a positive impact on Sterling Exchange Rates as it has shown that house prices rose by 0.4% during the month of December.

For those looking to buy Euros this is positive news and I am under the opinion that this week will be a clear indicator of the long term future for Sterling and therefore depending on how soon you can conduct your currency purchase you need to keep a close eye on the currency market.

The reason this week will be so important is because everyday there is a data release which could have a significant affect on the market. In order to keep up to date with the effects of these contact an experienced currency broker who can help to guide you through the process.