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Why is the pound so low against the euro?
The holiday season is in full swing. And whether you prefer sun, sand and sangria or meze, Metaxa and monuments, it can't have escaped your notice that the whole getting-away-from-it-all thing is a lot more expensive at the moment. At least, that is, if you're a Brit bound for the eurozone. The pound is touching 10-month lows against the euro at the moment at 1.0981 euros. And currency strategists at US investment bank Morgan Stanley are even forecasting that the euro could move "beyond parity" with the pound on the currency markets for the first time ever in early 2018.
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- Aug 12, 2017 6:44am Aug 12, 2017 6:44am
- Bones
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 2814 Comments
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- Bones
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- Bones
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- Bones
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- dee50
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Cut your Losers short and let your Winners run.
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- Bones
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 2814 Comments
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- Edited 9:13am Aug 12, 2017 7:55am | Edited 9:13am
- Bones
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 2814 Comments
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- OnlineAddict
- Joined May 2014 | Status: From1toMillion | 3120 Comments
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return:
53,458.0%
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- FxProsper
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