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GBPEUR UK election: Why haven't pound to Euro exchange rates fallen?

Pound hits record low against the US Dollar, and drops significantly against the Euro

Yesterday was a very difficult day for the Pound as financial markets appear to have lost faith in both the Bank of England’s monetary policy and the new cabinet’s mini budget. Last Thursday the new Chancellor of the Exchequer, Kwasi Kwarteng announced his mini-budget outlining plans for a raft of tax cuts. Then over the past weekend he pledged further tax cuts in order to try and reinvigorate the UK’s stalling economy and attempt to counter the increasing inflation rates not seen in decades. His plans...
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GBP EUR Exchange Rate: Weekly Review July 16  

GBP/ EUR exchange rates fall off the back of Greek PM Alexis Tsipras new...

Today Alexis Tsipras confirmed to the press he has issued a realistic proposal to eurozone ministers, in order for Greece to exit their current crisis. With a deal potentially now on the cards this Friday GBP/EUR exchange rates have dropped by over a cent.  Going forward the Greeks owe €300mn this Friday, €300mn on the 12th, €600mn on the 16th and €300mn on the 19th. If a deal is reached regarding the next 4 payments I believe the euro will make further inroads against...
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GBP EUR Exchange Rate: Weekly Review July 16  

Sterling report and forecast – “If Greece gets the green light the Euro...

“If Greece gets the green light the Euro may start moving through the gears and driving forward once again”
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