By Alex Ellis

Sterling exchange rates seem to be plummeting this morning as positive news from the U.S. and panic buying from investors has pushed the exchange rates downwards.

 The most affected by this has been the GBP USD exchange rates which have lost over a cent between the markets open and trading this morning. For anyone looking to purchase Dollars this will make your transaction more costly, especially for those looking to send larger amounts overseas.

 Meanwhile Sterling exchange rates have also fallen against the Euro and with the majority of individuals either looking to purchase or already owning a property in the Eurozone, this news becomes ever more important. For those looking to sell property overseas and purchase Sterling, then you may make large profits by selling now.