Sterling – Euro rallies

The Pound has gained nearly 2c against the Euro today – giving some of the best Euro exchange rates we have seen this year.

Positive news from the UK banking sector, including Northern Rock and RBS, have given some new-found confidence in the British economy.

While those of you who need to be sending Euros overseas will not be doing cartwheels just yet, it could at least be a good time to speak to your friendly currency broker if you have any Euro requirements in the coming weeks and months.