By Alex Ellis

Yesterday saw Sterling crash across the market as all major currencies began to gain strength as the pound weakened across the board. For those who took advantage of the currency rates when the pound was strong then you may look back on your currency purchase with the realisation that you bought at the best possible time. For those who attempted to capitalise on the gains and left it too late it may be worth considering buying your currency now rather than risking the pound losing more strength.

 During the course of this week there are a number of data releases that may have an impact on the currency market; potentially the most important will be the Bank of England’s interest rate decision on Thursday.

 In order to secure the best currency exchange rates it may be worth contacting an experienced currency broker in order to ensure that you maximise your savings and minimise your risk.