By James Lovick

We are seeing sterling strength this morning probably still on the back of the positive mood following the house price data yesterday. This is making buying euros cheaper.

For currency transfers to the eurozone exchange rates are moving in the right direction. Currency rates across the board for sterling are on the up.

 

For anyone selling euros the strength of the pound should be of concern. This is also true for anyone selling dollars.

We have Canadian GDP figures out this afternoon which could change the price of Canadian dollars dramatically. Similarly we have US GDP data this afternoon which could be a similar story! Lot’s going on!