A mixed week for the pound has seen rises against some currencies and falls against others. The larger losses have been recorded against the euro and US dollar, but there was some relief yesterday.
In a quiet week for UK data, sterling’s fortunes have largely been dictated by external data, such as eurozone inflation, which strengthened EUR and overshadowed positive news for UK-EU relations from the Windsor Framework Agreement.
Shortly we’ll see a final reading for S&P PMI, following fireworks from the flash reading. Next week starts quietly too, but we will see GDP data at the end of the week.
GBP/EUR past year
From To
