Find out what's been driving the large upward movements in Sterling and why it's a great time to buy Euros or US Dollars.
Its been a great week for Sterling as it trades at the highest levels since May 2017 against the Euro and US Dollar. The Euro came under pressure from the European Central Bank whose members expressed concern over the potential harmful impact of the Euro’s strength and the risk of a fully-fledged trade war with the United States. The Dollar has also weakened as US-Russia relations worsen over Syria, to levels not seen since the Cold War. With rates where they are, its an attractive time to buy your Euros and Dollars.
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