At 9:30am the UK’s Gross Domestic Product (GDP) figures are due and with expectations among a number of analysts varying this is one of the most hotly anticipated data release of the year. With recent economic data in the UK quite positve I will put my neck on the line and say I predict to see a positive figure showing we have avoided recession and we could in fact see some Sterling strength as a result. If you have a currency requirement make sure you contact us this morning before the data release so we can discuss the options available to you. However, if you would like to be kept informed of the news at 9:30am either call us on 0800 328 5884 or keep an eye on this blog as the news will be released. Currently Sterling Euro exchange rates are close to the highest level for 20 months, Sterling Australian Dollar is close to a 5 month high and Sterling US Dollar is close to a 6 month high.
GDP Due Imminently
By Tom Higham
25th April, 2012
Categories: Best Exchange Rates