As we begin trading this morning Sterling US Dollar exchange rates have pushed up to some of the highest levels we have seen for some time presenting clients with some excellent opportunities to buy US Dollars. This could be in anticipation of US Gross Domestic Product (GDP) figures which are due out at 13:30 today and are expected to show an improvement but any deviation from this expectation could lead to major Dollar movement. So, if you need to transfer US Dollars and want to time your currency exchange to achieve the best possible exchange rates speak to one of our currency brokers today so they can keep you informed of all the latest news in the market to help you make an informed decision on when to trade.
Also today Greek PM Lucas Papademos is in a trip to Brussels to to get final approval for the €130 billion bailout but with Germany already given their consent it is unlikely for Brussels to stand in the way of the much needed funds. The final approval today could again give a boost to Euro exchange rates. Also of note today are European Consumer Price Index (CPI) figures at 10am which will give an indication of the change in the price of goods and services which can give an insight into the European economy. So, if you need to buy Euros (EUR) contact us today on 0800 328 5884 or email email@example.com.