In the wake of the Portuguese bailout the Euro has remained mercilessly strong against the majority of majors. The Euro is now exceptionally close to a year long high against the Pound and at a 15 month high against the US Dollar.
In light of the Portuguese bailout it is surprising to me that the Euro is at such high levels. Although the ECB have been the first to move away from holding their interest rates at record lows, Sovereign Debt continues to cast a rather unpleasant shadow over the entire zone.
However whilst sovereign debt continues to not affect the market I can still imagine Euro pushing a little further against both Sterling and the Greenback. If you have any currency requirement then make sure you are in regular contact with your Currency Broker to make the most of these market movements.