Sterling is picking up nicely against the Euro as UK jobs figures showed the unemployment rate has dropped to the lowest in 5 years, and European inflation was once again disappointing. Whilst it dint show a deviation from the 0.5% this figure in itself is too low to be sustainable long term and suggests that unless things change soon, the ECB will have their hand forced to stimulate inflation. With the Easter break fast approaching I still think there may be more Euro weakness to come but if you need to buy Euro in the short term it is a good opportunity. Euro sellers may wish to move away from the single currency sooner rather than later as it looks like there is a lot more downside than up given the current figures.
If you do have a currency requirement and would like to get the best exchange rate then feel free to contact Colm at email@example.com and I would be happy to explain our services. Do remember Friday and Monday are bank holidays so if you yhavent done something by Thursday you may be powerless until the markets reopen on Tuesday- a very long time in currency terms!