Friday 20 June 2014

Pound riding high yesterday

England's football stock might have fallen yesterday (Thursday), but the pound sterling had its best day for 6 years against the US dollar and for nearly 2 years against the Euro. Experts think that interest rate rises may be in the pipeline making the pound a more attractive prospect. This morning HIFX is quoting at 1.2507 euros to the pound, so it may be a good time to buy a few euros - unless of course you think it may go even higher.
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