• Home
  • Currency Graphs & Charts
  • Buy Euros
  • Selling Euros
  • About Us / Contact Us
  • Testimonials

Euro Rate Forecast

Currency experts forecast on the Euro

  • Euro Strength
  • Economic Information
  • The Week Ahead
  • Euro Weakness
  • Media Quotes
You are here: Home / Economic Information / Sell euros buy sterling now!

Sell euros buy sterling now!

January 14, 2018 by Dayle Littlejohn

Since the UK public voted out of the EU, euro sellers have been provided with a fantastic opportunity to sell euros and buy pounds and I believe now is the time to make the transfer whilst rates are still fantastic.

Late last week rumours emerged that the Spanish and Dutch finance ministers had agreed that they seek the softest Brexit deal as possible which is fantastic news for the UK economy and sterling exchange rates.

This week all eyes turn to inflation numbers released in the UK and Europe. UK inflation numbers are set to be released at 9.30am Tuesday morning. Forecasts are suggesting that inflation will rise to 3.2% which will ask questions of the Bank of England once more.

Towards the end of last year the Bank of England hiked interest rates from 0.25% to 0.5% which helped the pounds value, however I expect the reaction from the Bank of England to be limited as medium term forecasts are suggesting inflation will fall back towards 2.5%.

Eurozone inflation is released at 10am Wednesday and the forecasts are suggesting for no change. Last week the latest minutes from the ECB were fairly hawkish, giving a hint that monetary policy could be changed in a positive way for the Euro. However I expect this release to be a non event.

With Brexit negotiations heating up and it’s clear to see that the UK and EU want to secure some kind of deal, I expect the rates we are seeing at present could diminish throughout the year therefore I think for any euro seller, now is the time.

The currency company I work enables me to achieve better rates than the high street banks whilst providing clients with economic data which helps them to time their currency transfer. If you are purchasing a property abroad / have sold a property abroad and would like to repatriate your currency, a business owner and needs to buy and sell GBPEUR for stock or just have a one off currency requirement feel free to email me on drl@currencies.co.uk.

 

Dayle Littlejohn

Filed Under: Economic Information, Euro Weakness, The Week Ahead Tagged With: Bank of England, Brexit, buy euros, exchange rates, gbpeur, how will inflation impact GBPEUR exchange rates this week, save money, save money on euro currency transfers, sell euros, the best deal on euros against the pound, uk and eurozone inflation, when to buy euros, when to sell euros

Euro exchange rates

Tag Cloud

Bank of England Best EUR exchange rates best exchange rates Best GBP/EUR exchange rates Best UK exchange rates Brexit buy euros buying euros currency transfer dollar ECB EUR/USD Forecast EUR forecast eurgbp euro Euro exchange rates EURO forecast euro rate forecast Euro Strength euro weakness Eurozone eurusd excellent exchange rates exchange exchange rates GBP-EUR gbpeur gbpeur exchange rates gbpeur forecast mario draghi pound pound forecast Quantitative easing save money sell euros selling euros single currency sterling Sterling Euro Sterling Euro exchange rates the best deal on euros against the pound the best deals on euros against the pound the best euro rates the best exchange rates Tom Holian

Archives

Copyright © 2019 — EuroRateForecast.com • All rights reserved. • Privacy Policy • Disclaimer

Expert insights and forecasts for Euro exchange rates

We use cookies to ensure that we give you the best experience on our website. By using this site you agree to receiving cookies.OkRead more