Pounds to Euro is battered

The Pounds to Euros exchange rates today got a battering after looking at heading above 1.2200 than the release of the BOE interest rate announcement followed by the ECB and delusional Super Mario Draghi talked the Euro up despite worsening fundamentals.

But not to leave the day on a low the pounds to us dollar exchange rate is again touching multi year highs and a close above 1.6750 would suggest a longer term view of a breach of 1.7000.

We might Buy some US dollars at this exchange rate for our holidays to make visiting mickey that little bit more enjoyable.