By Alex Ellis

Today’s currency market sees Sterling exchange rates still trading at a four month high, although the market still remains volatile: for example if you were buying £200,000 yesterday then the difference between buying at the high and low of the day equated to €1,760. Therefore as always you must be very cautious when conducting currency purchases and consider all avenues, the majority of individuals use an experienced currency broker when conducting currency purchases. Meanwhile yesterday Mervyn King conducted a speech at the University of Exeter during which he stated that the economy faces a long period of healing, as well as being slightly ambiguous about whether or not the Bank of England would continue their Quantitative Easing programme. The Bank of England minutes are released today at 09:30 (GMT) and these may outline the future for Sterling.