I personally have believed the Pound has been undervalued for some time now and it is merely a case of when it will pick up and not if as more and more data gets released by other economies proving that they really aren't in a great position themselves.
The recent news on General Motors means that there could be a huge amount of jobs lost over in the States which one would imagine may lead to Dollar weakness.....
There are interest rate decisions due to be made for the Australian Dollar, Canadian Dollar, Euro and Pound over the course of the week alongside numerous announcements which may well effect the markets.
Do feel free to get in touch should you wish to discuss anything from this blog and i will be happy to assist.
This is a brief summary of todays report. Click here to read the full report on our main website
If you are buying a property abroad, and want the best exchange rates, just click on the links below to go straight to our main site, or Email Me
Have a great day and thanks for reading!
Daniel Wright
No comments:
Post a Comment