Sterling continues to defy expectations and remains around 2.5% higher than this time last month against both the euro and US dollar. It’s way ahead of CHF and JPY and just keeping a nose in front of the Australian and New Zealand dollars too, over the past month.
That success, however, is based on the UK economy powering ahead of its slower-to-vaccinate rivals. So, the slight wobble this morning could be a taste of movement later today if the government is seen by the markets (if not the medics) to be being overly cautious on easing the lockdown.
It will be an interesting day, but if you like the look of today’s rate why not give your trader a quick call today on 020 8108 5337 to discuss locking it in for the year ahead?
I was watching a couple of fascinating webinars on Friday courtesy of our partners at Your Overseas Home, which highlighted the great range of possibilities for those intent on buying a home in the EU. You can catch up with them here. For those planning to retire there are low tax schemes and golden visas whereby you get a visa simply by virtue of buying a property over €250,000. Even the healthcare issues seem to be resolving themselves quite efficiently.
So we should be all systems go for a return to normality of sorts by the end of the summer. In the meantime, please continue to keep well.
