What are the chances of the euro reaching €1.42 again any time soon? We asked the experts
It was only a few weeks ago that sterling peaked at a seven-year high against the euro at €1.42. Since then the single
The pound has been rising pretty steadily against the euro for more than a year. You could buy 1.22 euros for every pound last summer – and by Christmas the rate had climbed to 1.24, according to figures from Travelex,
Quotes are real-time for NASDAQ, NYSE, and NYSEAmex when available. See also delay times for other exchanges. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned
A positive end to the week saw sterling further its gains against both the euro and US dollar, as a member of the US Federal Reserve’s monetary policy committee spoke out about the dangers of a premature increase in US
LONDON: Sterling rose to a seven-year high against the euro on Tuesday, after a Bank of England policymaker said British interest rates could rise in the near future should inflationary pressures
LONDON, Feb 24 (Reuters) – Sterling rose to a seven-year high against the euro on Tuesday, after a Bank of England policymaker said British interest rates could rise in the near future should inflationary pressures pick up quickly.
Kristin Forbes
The euro has lost considerable ground since last spring as the persistence of very weak growth in the eurozone, coupled with a fall in inflation to very low levels, forced the ECB into further policy easing moves.
It has also
9
View
comments
British holidaymakers and property buyers could be lording it on the continent over the next few years
We are in a “multi-year phase of a US dollar recovery” and markets are underestimating the power of the trend
Sterling is to climb relentlessly against the euro over the next three years and will reach levels last seen at
The exchange rate follows the divergence in Interest rates
On an inverted basis, UK exchange rate would be €1.54 to the pound by 2017. This turn would Europe into a cheap region for holidays once again, and offer bargain basement