By Alex Ellis

UK GDP data was released today and surprisingly although the data was released slightly better than expected, ever since the release Sterling rates have continued their downturn and the euro exchange rate has now moved 2% in a matter of days. Therefore the effect that UK GDP has had on exchange rates is a negative one and this just goes to show how volatile the currency market can be. For those looking to conduct currency purchases contact our experienced currency brokers using Currency Line who will give you access to award winning exchange rates.