There is the strong feeling that the European Central Bank (ECB) will cut rates further when they meet next month on the 5th March.
Rates cuts result in currency movement so follow GBP/EUR rates closely, I predict that by June this year the ECB will be looking at rate of 0.5%.
Many people who are looking to complete their purchase over the next few months are undoubtedly watching the rates with more than a little interest. I will be commenting on this much talked about issue over the next few weeks.
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