Pound to Euro at a five week low. Likely to weaken further by end of year.
The pound has come under further pressure lately as mixed data on the state of the economy and predictions for post Brexit continue to emerge. It appears this is not the bottom however with levels expected to drop down to as low as 1.05 Euro’s to the Pound (inter rate).
This week is quieter in terms of date for the UK so I don’t expect any positive spikes in the current levels. Therefore if you are travelling in the short term the current rates may be the best for sometime to come.
If you have any questions about your upcoming currency requirements please feel free to email me at firstname.lastname@example.org.
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