Buying Euros At 1.20 To The Pound?

If you are looking to buy Euros at 1.20 to the pound then today is the day to call. The Euro exchange rate has weakened dramatically again following fears over European banks ability to raise credit as borrowing costs soar due to the Euro zone crisis. To see levels any higher than this you would have to go back into 2010 so if you are looking to buy Euros at 1.20 or better (obviously it depends on volume and the market rate at the time of the trade) then please feel free to contact Colm quoting ERF by e-mailing cmg@currencies.co.uk and I would be happy to help organise this.