Short term outlook over the next few days could well be positive for the pound...
Morgan Stanley predicts the short term outlook for the pound is positive and cite tomorrow’s European Central Bank (ECB) meeting as facilitating a move. Tomorrow the ECB announce results of their recent policy meeting where they are expected to cite concerns about the growth outlook and might be less tolerant of a strong Euro. Markets will buy and sell euros on the tone struck by ECB president Draghi so watch closely. EUR looks vulnerable and thus GBP/ EUR could be expected to trade higher. This coupled with growing sentiment that Bank of England Governor Carney hasn’t completely ruled out a rate rise in May should ultimately support the Pound. Today’s rates:
"The Bureau Buttercrane provide a personal service that really sets them apart from other currency providers. If we need a fast transfer we know we can call or email and have confidence our business will be transacted straight away at the best available rates."
"We use Bureau Buttercrane for the best exchange rates, fast online transfers and great customer service. We wouldn’t hesitate to recommend Bureau Buttercrane as a first class currency exchange provider."
"I always recommend Bureau Buttercrane for currency exchange, I have been changing money with them since 1995. They always provide the best exchange rates and the staff are helpful and friendly. An exceptional service every time!"
"As a firm that operates both sides of the Jurisdiction, we at Luke Curran Solicitors have no hesitation in recommending The Bureau, Buttercrane to our Clients, for a professional and efficient service. A truly trustworthy company to do business with and we can not recommend them highly enough."
"Great personal service with top class rates, we always exchange our currency with The Bureau Buttercrane."
"Great rates, friendly staff and a pleasure to do business with. That's why we wouldn't go any where else."