Euro exchange rates best for 6 months

[Ferdinand]

A note that the pound has just jumped by several % against the Euro in the last 48 hours. 

 

If you have been sitting on your hands waiting, now may be the time to gain a bit and minimise risk on purchases or moving funds. It is really a balance between 3-4% in the hand, or +- 10% in the bush. Depends on your judgement. If I were spending 5k in Euro imminently I would take the 4% saving.

 

It will jump significantly one way or t’other depending on what happens with the Brexit negotiations over the next 2-3 days. Now may .. or may not .. be a least unhappy medium.

 

https://www.bbc.co.uk/news/topics/cx250jmk4e7t/pound-sterling-gbp

 

To take advantage you will need something that works off current rates.

 

F

 

Edited October 16, 2019 by Ferdinand