How to buy Euros

If you live outside the EuroZone and you are planning a major purchase in Europe at some point you will need to buy Euros. The good news is you can save yourself a small fortune by researching and planning the euro currency purchase ahead of time.

This Euro Currency Exchange site is designed to help you with all your currency exchange questions in connection with buying euros.

Euro Buyers Currency Exchange FAQ

We try to answer all your questions here...

Currency Exchange Glossary

A list of terms used in foreign exchange dealing

Banks and foreign exchange dealers are used to explaining currency exchange in everyday terms to keep things straightforward, but here's some of the jargon just in case you like to know your subject in advance! more...

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Euro Currency Exchange - Buying Euros

Euro Currency Buyers FAQ

Everything you might be afraid to ask about buying euros...

Frequently asked questions about currency exchange for buying Euros or other currencies. Where can I buy at the best exchange rates, what will it cost, how long will it take, can I get advice, how do I pay and more...
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Three options to buy your Euros

1. Call +44(0)1225 463752 to discuss your currency requirements

2. Request a call-back. A currency adviser will call you back at a time to suit you

3. Apply for your currency account so that you are ready to trade. No fees!

Currency converter

Need to find out the latest exchange rates for any currency? Convert pounds or dollars to euros or any other currency combination with our currency converter. Click the yellow box below to open up the converter!

Foreign Exchange Tips

At The France Show the FrenchEntrée team decided to interview some of their key clients who were exhibiting. We interviewed Tanya Reed, of Moneycorp, who revealed her foreign exchange tips. She told us that in today’s market, clients should ‘play it safe’ and set up a fixed rate direct debit account... View video...

Pound and Euro Currency Update - Weekly Update 30th June 2009

Sterling wobbles after hitting seven-month trade-weighted high

Sterling wobbles after hitting seven-month trade-weighted high. Bundesbank's Weber sees no room for further euro rate cuts.
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Euro review - July 2009

Can Sterling continue its good run?

Sterling has had a good run. In three months it has added 30 US cents and climbed from €1.05 to €1.17. The rally started back in March when investors began to modify their previously nihilistic view of sterling. more...

Dollar Sellers - Euro Buyers Monthly Review June 2009

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Euro currency exchange on French property

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Euro Currency Update

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FrenchEntrée offers a free newsletter to keep you updated on the latest Euro and Foreign currency exchange news and prices. more...

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Save a fortune on Euros

If you need advice or a Euro currency exchange quote call +44 (0) 1225 463 752 (24hrs). Request a call-back call-back or apply to open your free account online now.

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Latest Euro Currency Update:

Euro Currency Update - 30th June 2009 - Sterling wobbles after hitting seven-month high

Sterling wobbles after hitting seven-month trade-weighted high. Bundesbank's Weber sees no room for further euro rate cuts.

A three cent range kept sterling comfortably between €1.16 and €1.19. It opened in London this morning at €1.1750, a cent down on the week.

The week began with another line-up of international bodies moping about the economic outlook. The European Central Bank, the World Bank and the Organisation for Economic Co-operation and Development upped the ante on economic shrinkage with downgrades either of their forecasts or their optimism. Where previously the World Bank saw the global economy contracting by 1.7% this year, it now envisages GDP falling by 2.9%. The OECD sees "a very difficult 2009, with negative growth in the OECD area. Unemployment problems are going to continue to linger." Jean-Claude Trichet of the ECB said that "Currently, we are still in the downturn phase..."

The gloom lasted for all of 36 hours but it coincided with sterling's trade-weighted index touching a seven month high. Even though no finger was pointed directly at the UK economy the dent to confidence reflected badly on sterling: If you can't sell the pound at a seven month high, when can you sell it?

Sterling took another knock on Wednesday when the Bank of England governor and one of his sidekicks appeared before parliament's Treasury Select Committee. Both admitted to concern about how quickly the economy will pick up after the recession. It did not help maters when Governor King described the government deficit as "truly extraordinary".

There was an almost total drought of UK economic data. It left investors with almost nothing upon which to make their decisions, hence the lack of focus on sterling's direction.

Things were not much different - at least in that regard - for the Euro zone. Provisional figures for the purchasing managers' indices offered a two-point improvement in the manufacturing sector but a slightly weaker reading for services. Industrial new orders shrank by 1% in April and were down by more than a third on the year.

From the individual nations in Euroland there was a little more guidance. Main amongst these was the IFO assessment of German business confidence. Although the current assessment slipped lightly from 82.5 to 82.4 the other two measures improved. The business climate reading went up from 84.2 to 85.9 and expectations jumped three and a half points to 89.5. Rather less spectacular was the quarter point improvement in Gfk's German consumer confidence index from 2.6 to 2.9.

Bundesbank head Axel Weber is renowned for his hawkish views and he was at it again last week: "The ECB Governing Council has used the room for rate reductions that was created by waning inflation risks and a dramatic worsening of the economic situation." As for the ECB's plan to provide additional cash through the purchase of covered bonds; "additional steps are not necessary at the moment." His comments were not a surprise but the market decided they were positive for the euro.

In sterling's current mood it seems able - though maybe not without some effort - to push through every obstacle in its way. The dip a fortnight ago almost to €1.16 suggests that level is the new support line. The next obvious obstacle is the psychological one at €1.20 (although €1.19 poses a barrier of its own). Beyond that, the more important technical resistance is the early December high in the region of €1.2150. Buyers of the euro should bide their time, using a stop order to protect against a reversal.

To open a currency trading account please use our Online Application Form.

Foreign Currency Daily Update

If you really want to keep tabs on foreign currency trends why not check out the daily bulletin from Moneycorp which looks at UKP vs Dollars vs Euros?
Daily currency brief

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