What will happen with the Election and the impact on Sterling Euro Exchange Rates (Tom Holian)

Sterling Euro exchange rates have had a big fall since last Thursday  as the election causes panic for Sterling.

In less than a week Sterling has dropped by as much as 6 cents from the high to low as investors sell off the Pound.

The worry is that we’ll see another hung parliament and when this happened 5 years ago we saw a big fall on Sterling vs Euro exchange rates.

At the moment the polls are unclear as to who is leading and with just one day left time is running out.

In order to protect yourself against any negative movement when buying Euros you may wish to consider buying a forward contract which allows you to take advantage of current rates.

If you have a currency transfer to make and want to save money on exchange rates compared to using your bank then contact me directly for a free quote. Tom Holian [email protected]