By Alex Ellis

The stress tests conducted on Friday have given the Euro a boost against sterling since the announcement that only 5 of the 91 banks tested failed. Although many analysts have criticised the stress tests as they believed they were in fact too easy and not as rigourous as they should’ve been.

For the time being anyway this has caused Euro strength and therefore it is a good time to sell Euros. Using Currency Line you can forward book exchange rates for up to two years in advance, so don’t count yourself out if you do not have the funds available.