Christopher Nye
on September 20th, 2024 The pound hit its highest level against the euro and US dollar since mid-2022 yesterday following the Bank of England’s interest rate decision at midday.
There were two more high-level data sets this morning. Retail sales in August leapt ahead of expectations, growing by 1%, but the GFK consumer confidence reading fell to its lowest for several months. Next week we will see a reading from the business side of the equation, with S&P Global PMI readings on Monday.
GBP/EUR past year
Let us know a little more about your upcoming currency exchange needs. We aim to take the uncertainty away by providing guidance on which services suit your individual requirements. You can then rest, assured your money is not at the mercy of the currency markets.
Secure, quick and efficient transfers. Authorised by the FCA.
Avoid losing money and protect against currencies moving against you.
Dedicated currency trader working with you to get the best value for your money.
Recommend our services to your friends, family or colleagues and earn great rewards.
